Was Your High School Civics Teacher Right After All?
Donald Wittmans The Myth of Democratic Failure
By Donald J. Boudreaux
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.
|Other Independent Review articles by Donald J. Boudreaux|
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|Spring 2020||Todays Relevance of Adam Smiths Wealth of Nations|
|Fall 2015||Thomas Pikettys Flawed Analyses of Public Debt and Executive Compensation|
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