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Self-interest and incompetence

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  • Bresser-Pereira, Luiz Carlos

Abstract

All social science’s schools have a common assumption: self-interests is the central variable explaining human behavior in society. The author has no contention about that. But says that in contemporary societies a second variable is turning increasingly relevant when one is willing to explain social outcomes: policymakers’ technical and emotional incompetence. Incompetent policymakers, who fail to choose the alternative more consistent with their own objectives, even when interests were neutralized, always existed. But now, that an increasing number of social outcomes are dependent on government policy, competence turned strategic. Besides selfinterest, competence must be assessed when one evaluates social outcomes.

Suggested Citation

  • Bresser-Pereira, Luiz Carlos, 2000. "Self-interest and incompetence," Textos para discussão 89, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
  • Handle: RePEc:fgv:eesptd:89
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    References listed on IDEAS

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    1. Pereira,Luiz Carlos Bresser & Maravall,José María & Przeworski,Adam, 1993. "Economic Reforms in New Democracies," Cambridge Books, Cambridge University Press, number 9780521438452.
    2. Bresser-Pereira, Luiz Carlos, 2000. "Incompetence and confidence building behind Latin America's 20 years old quasi-stagnation," Textos para discussão 90, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
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    1. Bresser-Pereira, Luiz Carlos, 2000. "After structuralism, a development alternative for Latin America," Textos para discussão 99, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).

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