In his 1995 book The Myth of Democratic Failure, economist Donald Wittman argues that policies pursued by democratic governments efficiently promote the welfare of all citizens. Although Wittman offers much insight and logically sound argument, his book is fatally flawed by his uncritical use of the analogy between private-property markets and politics.
Was Your High School Civics Teacher Right After All?
Donald Wittman’s The Myth of Democratic Failure
By Donald J. Boudreaux
This article
appeared in
the Spring 1996 issue of The Independent Review.
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Economic History and DevelopmentEconomyGovernment and PoliticsLaw and LibertyPolitical HistoryPolitical TheoryPublic Choice
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