Deep Dive: Randy Simmons on Public Choice
May 29, 2022
“Do you think we’re all doomed?” asks Juliette Sellgren. Randy Simmons responds, “I’m optimistic about people and our ability to work around, improve, and go about living our lives. I’m cynical about what government does but I’m not cynical about people”.
“Do you think we’re all doomed?” asks Juliette Sellgren. Randy Simmons responds, “I’m optimistic about people and our ability to work around, improve, and go about living our lives. I’m cynical about what government does but I’m not cynical about people”.
In this episode of The Great Antidote, guest Randy Simmons and host Juliette Sellgren discuss the origins and growth of Public Choice Economics, James Buchanan, and what it means to study “politics without romance.” Simmons draws on his research and personal experiences as an employee at the Department of the Interior in Washington, DC, as a member of his city council for 10 years, and as a mayor for 4 years. Randy Simmons is the author of Beyond Politics and the director of the Institute of Political Economy at Utah State University.
Simmons talks about what governments can do well: sewer systems, water systems, potholes, garbage. He also talks about people asking government officials and institutions to do too much and to do things they can’t be good at. It’s not intuitive that governments can’t do these things and powerful interest groups also get involved.
The most surprising thing Simmons says he has learned over the years is that good intentions are not enough to make good things happen. Incentives—not intentions need to be the focus and most regulation ends up making things worse, not better.
Simmons also expressed concerns about freedom of speech, a frequent topic of conversation on this podcast.
Listen to this episode
The guest
University profile; Google Scholar profile; Center for Growth and Opportunity profile; PERC (Property and Environment Research Center) profile; YouTube videos from The Independent Institute
The book
Other writing by Simmons
- Law&Liberty Essay, “Fire in America”
- The Political Economy of Customs and Culture
Related Liberty Fund content
- The Intellectual Portrait Series: A Conversation with James M. Buchanan: Part 1, Part 2
- Liberty Matters Online Discussion, “James Buchanan: An Assessment”
- Jayme Lemke, Ready, Set, Go! Five Great First Books on Public Choice at EconLog James M Buchanan biography in the Concise Encyclopedia of Economics
- Jason Briggeman, Adam Smith and "Market Failure" Fixers at AdamSmithWorks
- Don Boudreaux on Public Choice on EconTalk with an EconTalk Extra by Amy Willis, Economics and Freedom: Not a Math Problem.
- The Collected Works of James M. Buchanan
- The Calculus of Consent: Logical Foundations of Constitutional Democracy, by James M. Buchanan and Gordon Tullock.
People mentioned
- James Buchanan (Buchanan’s Nobel Prize Lecture)
- Ronald Coase
- Adam Smith
- Plato
- Aristotle
Topics mentioned
- Bureau of Indian Affairs, Scholarship Program, Division of Land Title and Records
- US Sugar subsidies (Diana Thomas’ LearnLiberty video “Why is There Corn in Your Coke?”)
- Christmas Tree bills (Wikipedia)
- James Buchanan’s Freedom in Constitutional Contract: Perspectives of a Political Economist
- The Federalist Papers and Federalist 10
- Econometrica
- Public Choice Society
Resources compiled by Christy Lynn