Economic Theory explained by Football 22 – The Public Choice Theory

Buchanan brought together insights from political science and economics to explain how public-sector individuals, such as politicians and civil servants make decisions. He showed that, contrary to the conventional wisdom that the public-sector acts in the public's best interest, unless there is a clear win-win situation. In footballing terms, players, especially strikers, are inherently selfish, wanting all the glory for themselves.

from The Ball is Round http://ift.tt/2kzSqOC