머레이 라스바드가 공공선택학에 던지는 함의

Abstract

Public Choice School and Austrian School of Economics share some common ground but also show differences. This article collects on how Rothbard views the basic logic on Public Choice. Although some fragmented critiques by Austrians on Public Choice appeared, the comprehensive studies on them were rare. This article collected and summarized such critiques by Rothbard on Public Choice. Rothbard points out that there is the nub of the distinction between State and market. On the market, all parties gain and benefit from market actions, whereas, in State action, the gains of one group can only be at the expense of others. However, Buchanan and Tullock's concept in their book would obliterate the most vital distinction between State and market activity. Therefore, Rothbard points out that assimilating government to private actions is totally wrong, and such result indicates that there is no room of public choice theory based on Buchanan and Tullock's book. The critiques by Rothbard would be a useful ground for stimulating Public Choice Theorists to improve and/or reflect the validity of their research topics and methodology.