In his book, Political Institutions and Practical Wisdom: Between Rules and Practice (New York: Oxford University Press, 2018), Maxwell Cameron discusses the lack of understanding in recent decades on the fact that political institutions require wise practitioners, which he attributes to “the ethos of competitive utility-maximizing” that came about with the rise of neoliberalism. Political institutions, with its rules and regulations, can achieve their goals only if the people that constitute said institutions embody the determination and virtues to pursue those goals. To learn more about Professor Cameron’s discussion about institutions, read a review of his book by Lisa Herzog.
