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Podcast: Faith and Economics
Episode: Rational Ignorance and Public Choice | #201
Description: In this week's episode, the Gwartney team discusses rational ignorance and how society engages in it. Further, we investigate public choice and the dangers of growing bureaucracies. We hope you enjoy this episode and see how it fits into your life!
Timeline:
Public Finance / 2:30
Black Box (James Buchanan) / 5:00
Sugar Policies / 11:00
Poverty Reduction: Government vs. Church / 18:35
Profit of Politics / 22:15
Purchaser of Seats, Closed Market / 30:00
Structure of Government Creates a Hockey Stick? / 33:05