Comparing the role of government in self-control problems from behavioural and neoclassical economic perspectives
This post has moved to http://williampaulbell.wordpress.com/2009/09/12/comparing-the-role-of-government-in-self-control-problems-from-behavioural-and-neoclassical-economic-perspectives/
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This is an interesting argument about the economics behind new policies designed to curb choices and steer behavior. Scholars of globalization suggest that perhaps these policies are emerging to affirm the relevance and importance of the state–in our daily lives–even as the state’s role is shifting internationally.
Keri
The position of government as a manager or leader is affected by the framework adopted. The neoclassical framework sees little role for government as managers of the economy. This leaves the role of government as a leader. It is much easier to look like a simple leader when conducting the “War on drugs” to punish crimes committed. Trying to address the self-control problems via the demand side requires a government with a much more managerial approach to the economy. There appears an ongoing battle between the two approaches but over the last decade the neoclassical approach appears to have held sway. The recent GFC may see a movement away from the neoclassical approach.
Paul