Public Choice Societies

Public Choice Societies are organizations dedicated to studying how political decisions are made by applying economic principles. They analyze the behavior of voters, politicians, and government officials, treating them as self-interested individuals similar to consumers and producers in markets. By understanding incentives and decision-making processes, these societies aim to explain why government actions often reflect individual interests, which can lead to inefficiencies or unintended outcomes. Essentially, they apply economic reasoning to public policy and political institutions to better understand and improve government functioning.