Public Entrepreneurship, Public Choice, and Self-Governance

Originally published in The Review of Austrian Economics

Is there a Classical Liberalism inspired doctrine of public governance, besides the basic pro-market and anti-statist stance? What are the governance operational principles that should frame the Classical Liberal approach to public administration and public policy? Answering the critics, the article argues that Classical Liberalism has at its core an intrinsic doctrine of public governance whose conceptual and theoretical apparatus has been bolstered and modernized by the Public Choice revolution. The efforts of the GMU/Mercatus research program to articulate it have advanced in several stages so far, and the article outlines them, while setting them in the larger context of the relevant literatures.

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