The Emergence, Restoration, and Resiliency of Self-Governance

20 Pages Posted: 6 Nov 2017

See all articles by William Miller

William Miller

Troy University, Manuel H. Johnson Center for Political Economy, Students

Daniel J. Smith

Middle Tennessee State University - Department of Economics and Finance; Middle Tennessee State University - Jennings A. Jones College of Business

Date Written: November 4, 2017

Abstract

Can self-governance emerge in new and unfamiliar contexts, be restored following a sustained period of government control or provision, and exhibit resiliency in extreme disruption? Economic arguments for regulation, state provision of a good or service, and welfare state programs are often advanced on the basis that individuals lack the capacity for self-governance. Individuals may lack the capacity for self-governance out of fear of responsibility, lack of knowledge, and/or the proper informal institutions, culture, or morality. This paper uses three case studies to examine the capacity for self-governance in each of these contexts. We analyze the emergence of self-governance in new technological arenas, the restoration of self-governance in individual responsibility for saving/investing following pension reforms, and the resiliency of self-governance in the wake of natural disasters. In all three cases, we find that a robust capacity for self-governance indeed exists.

Keywords: self-governance, spontaneous order, civil society

JEL Classification: B53, D02

Suggested Citation

Miller, William and Smith, Daniel J., The Emergence, Restoration, and Resiliency of Self-Governance (November 4, 2017). Available at SSRN: https://ssrn.com/abstract=3065327 or http://dx.doi.org/10.2139/ssrn.3065327

William Miller

Troy University, Manuel H. Johnson Center for Political Economy, Students ( email )

Bibb Graves Hall
Troy, AL 36082
United States

Daniel J. Smith (Contact Author)

Middle Tennessee State University - Department of Economics and Finance ( email )

MTSU Box 190
1301 E. Main St.
Murfreesboro, TN 37132-0001
United States

HOME PAGE: http://www.danieljosephsmith.com/

Middle Tennessee State University - Jennings A. Jones College of Business ( email )

TN
United States

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