University of Notre Dame Law School
The economic theory of government has lately gained the acceptance in legal circles that it has long enjoyed in political science and economics. The economic theory, also known as "public choice," analyzes and explains government action and private political activity according to the basic assumption of economics, that individuals respond to economic incentives in their environments in a self-interested manner. The economic theory is thus useful descriptively, to explain diverse political phenomena, and prescriptively, to help formulate reform strategy.
Jack M. Beermann,
Interest Group Politics and Judicial Behavior: Macey's Public Choice
Notre Dame Law Review
Available at: https://scholarship.law.bu.edu/faculty_scholarship/2269