| Abstract |
This paper argues that due to the neglect of the affective side of human decision making we find it hard to explain political economic phenomena such as tax revolts, voting, political rituals, terrorism, and entitlements. Taking into account the action tendencies of emotions like resentment, hatred, shame, fear, and hope, makes these kinds of behavior better understandable and predictable. To phrase the argument of this paper in a more polemical way: Who cannot stand the heat should stay out of politics and public choice!
|
