The Impact of Egoistic Behavior on Fiscal Policy

By James E Njoroge, M. Sc. (VWL) - Economic Coach, Consultant and Lecturer / April 10, 2025 / Economic Blog, Behavioral Economics, Economic Policy, Fiscal Economics, Globalization, Leadership and Management, Macroeconomics, Personality, Public Policy

The Impact of Egoistic Behavior on Fiscal Policy Read Post »

This interdisciplinary study analyzes how egoistic behavior adversely affects fiscal policy, linking institutional economics, political theory, and moral philosophy. The research critiques the structural embedding of self-interest within fiscal systems, highlighting examples such as the Trump presidency and tax reforms. It reveals that egoistic behavior leads to regressive taxation and undermines public services, thus eroding democratic trust. The study also contextualizes fiscal dysfunction historically, urging reforms that emphasize ethical accountability and participatory democracy to restore fiscal policy as a tool for justice and equity. Ultimately, it proposes a roadmap to reclaim fiscal governance as a public instrument reflecting collective needs.

Austerity Politics, Behavioral Economics, Budget Accountability, Campaign Finance, Corporate Capture, Democratic Erosion, Democratic Governance, Democratic Institutions, Egoistic Behavior, Environmental Taxation, Executive Power, Fiscal Federalism, Fiscal Policy, Fiscal Reform, Global Justice, Human Capital, Institutional Economics, Legal Immunity, Legal Impunity, Political Economy, Postcolonial Fiscality, Postcolonial Inequality, Public Finance, Public Goods, Social Equity, Tax Justice, Wealth Inequality

Crucial Role of German Society in a Democracy

By James E Njoroge, M. Sc. (VWL) - Economic Coach, Consultant and Lecturer / February 3, 2024 / Economic Policy, Behavioral Economics, Diversity, Economics, Leadership and Management, Public Policy

Crucial Role of German Society in a Democracy Read Post »

This article discusses the role of German society in a democracy, examining the challenges facing democratic institutions due to populistic, anti-global, and anti-democratic behavior. The success of a democracy depends on the informed and active participation of its citizens. The German Federal Constitution declares Germany a democratic and social federal state, with German citizens having exclusive power to elect and vote for their leaders. The constitutional order binds law and justice, and the German society has the right to defend its constitutional order against those seeking to abolish fundamental rights. The article also highlights the need for the vigilant role of members of society, including the migrant community, in a democratic society.

Accountability, Citizen Participation, Contitutional Order, Critical Strategic Thinking, Democracy, Democratic Institutions, Economics, European Union, German Federal Constitution, German Society, Migration, Oversight, Populism, Public Policy, social interaction

Democratic Institutions

The Impact of Egoistic Behavior on Fiscal Policy

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Crucial Role of German Society in a Democracy

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