Randy Simmons on Public Choice

<p>Randy Simmons is the author of Beyond Politics and the director of the Institute of Political Economy at Utah State University. Today, we talk about the field of public choice economics or, as economist James Buchanan calls it, &quot;politics without romance&quot;. What exactly is <em>Beyond</em> Politics? What is a market failure? What is a government failure? Tune in for the answers to these questions and more. </p>