Public Choice Studies
Online ISSN : 2187-3852
Print ISSN : 2187-2953
Articles
Presidential Address: Public Choice and Social Capital
Hiroo HARADA
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JOURNAL FREE ACCESS

2012 Volume 2012 Issue 58 Pages 4-17

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Abstract
The founders of Public Choice Society have fulfilled the critical view towards the standard or established economics in the mainstream academy in the USA at that days. They criticized the hypothesis that the system or framework should be treated as a given data. They clarified the structural bias in many government’s decision makings distorted by many interest groups. The Great East Japan Earthquake caused the rethinking of both our standard in the academy and the life value or style for the people. The people had fullfledged social capital in the community. Afterwards the volunteerism has been vitalized. The activity sphere has been expanded to the bridging or network social capital. The future Public Choice should positively treat these new aspects.
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© 2012 The Japan Public Choice Society
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