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Example text
Smith, a political theorist at the University of Pennsylvania, to cheers and laughter. ” “I’ve felt since the late 1980s that the discipline was in trouble,” said John J. Mearsheimer, a professor of international relations at the University of Chicago. *See Kristen Renwick Monroe, Perestroika! The Raucous Rebellion in Political Science (New Haven: Yale University Press, 2005). ✵ 29 He concluded that there is “a hegemonic threat out there” from rational-choice scholars* In addition to arguing that rational choice theory has distracted political scientists from the generation of productive research, some critics worry that introducing students to rational choice ideas—with their emphasis on self-interested motives—tends to undermine the development of a civic consciousness among students and teachers.
When a government restricts or severely taxes the importation of a particular good, the domestic manufacturers and workers who produce that good find that the demand for what they have to sell is greater (because consumers can no longer buy the imports). Domestic resources that would otherwise be devoted to the production of other goods are then devoted to manufacture of the previously imported good. The trade restriction thus changes the allocation of resources from the production of one good to another, and it increases the income of the manufacturers and workers producing the protected good.
More generally, the distinction between “left” and “right” on the political spectrum is largely, although not entirely, a matter of differing positions on what government should do to alter the distribution of resources; those on the left favor more active efforts to redistribute income, whereas those on the right are either less supportive of, or hostile to, such efforts. Governments are also heavily involved in resource allocations that, though involving large shares of wealth, do not alter the balance between rich and poor.