Chapter 3 The national interest
Restricted access

Neoclassical economics extrapolates the interest of the nation from the tastes and preferences of the individual. Collectivists explain national and international affairs on the basis of larger entities than the rootless one-off alone. These might be the economic factors of production, the class structure at home and abroad, the sectors of production and the specific industries. A democratic state acts by consensus. A society ruled by wise leaders proceeds top-down. In both cases there will be a political marketplace where lobbies compete for influence. Linking economists like Heckscher and Ohlin with political thinkers like Hobbes and Buchanan, the chapter concludes it is difficult or impossible to decide what is in the national interest.

You are not authenticated to view the full text of this chapter or article.

Access options

Get access to the full article by using one of the access options below.

Other access options

Redeem Token

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institutional Access

Personal login

Log in with your Elgar Online account

Login with you Elgar account