Abstract
lexis de Tocqueville has been known chiefly as a liberal thinker and political theorist, but his economic concepts – albeit not systematized – are equally important. Using the framework of public choice theory, this article aims to reconstruct his widely known critique of democracy in the economic terms. Studying the growth of democratic governrment by notions of self-interest, rational ignorance, rational irrationality and other concepts borrowed from economics could allow one to acknowledge the importance of Tocqueville as a precursor of public choice theory and the need to remain doubtful in the face of democratic rule.
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