classicalecon

Public choice is an important field in economics. Most economics examines the knowledge and incentives faced by people in market institutions to determine how they'll act, especially with respect to socially beneficial outcomes. Public choice analyzes information and incentives just as basic mirco does, yet in the context of political not market institutions.

If there's some support of it, I'd be willing to walk through the basics of public choice for users on this sub.

Figured I should make it known to fellow travelers in the liberal tradition. It's a great way of thinking about macro in terms of more classical political economy, and Kling is really good at explaining his thinking in simple english with creative illustrations. It's also pretty short, which is always a bonus.

You can see the PDF here.

And here's an econtalk episode where Kling discusses the book with Russ Roberts.