Title: The Logic of Collective Action: Public Goods and the Theory of Groups by Mancur Olson
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The Logic of Collective Action: Public Goods and the Theory of Groups
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Content: Here is the basic argument: 1. The interests of a group are not the same as the interests of its individual members. [ This is true; moreover, I don't think it was recognized by most people before Olson. So that could be marked as the significant achievement.] 2. Individuals act in their own self-interest. [ Fundamental neoclassical assumption; and herein lies the problem.]