ON ECONOMICS, POLITICAL SCIENCE, AND PUBLIC POLICY

In: Policy studies journal: an international journal of public policy, Band 12, Heft 2, S. 251-257

Abstract

THE EDITOR HAS ASKED ME, AS AN ECONOMIST, TO RESPOND TO PROFESSOR MEAD'S ESSAY ON THE RELATION BETWEEN ECONOMICS AND POLITICAL SCIENCE IN THE STUDY OF PUBLIC POLICY. THIS REQUEST SEEMS TO HAVE BEEN PROMPTED BY PROFESSOR MEAD'S STATEMENT TO THE EDITOR THAT HIS ESSAY HAD NOT BEEN WELL RECEIVED BY THOSE ECONOMISTS WHO HAD READ IT. BUT I HAD NO SUCH NEGATIVE REACTION, SO WHATEVER DUEL THE EDITOR MIGHT HAVE ANTICIPATED WOULD RESULT WILL NOT TAKE PLACE. PROFESSOR MEAD'S CONTENTION THAT THE STUDY OF PUBLIC POLICY "HAS SOMETHING TO DO WITH THE JOINT CONTRIBUTION OF ECONOMICS AND POLITICAL SCIENCE TO THE STUDY OF PUBLIC ISSUES," SEEMS EMINENTLY REASONABLE TO ME. INDEED, THE AUTHOR DO NOT SEE HOW IT COULD BE OTHERWISE, ONCE IT IS RECOGNIZED THAT ECONOMICS AND POLITICAL SCIENCE REST UPON THE SAME FOUNDATION. THIS FOUNDATION IS WHAT ECONOMISTS REFER TO AS SCARCITY, WHICH MEANS THAT THE WANTS PEOPLE HAVE EXCEED THE CAPACITY THAT EXISTS WITHIN A SOCIETY TO FULFILL THOSE WANTS. BECAUSE OF SCARCITY, SOME MEANS OF RESOLVING CONFLICTS AND REPRESSING WANTS ARISE IN ALL SOCIETIES, AS DO PATTERNS OF COOPERATION TO ENHANCE THE EXTENT TO WHICH WANTS CAN BE FULFILLED.