The ABCs of Electoral Politics

Source: EconLog
by Nathan Goodman

“In a democracy, some people say that politicians represent the will of the people. While many people see politicians as slimy, they think that voters can keep them in line through periodic elections. After all, if a politician acts badly, we can ‘vote the bastards out!’ However, real-world voters face a set of constraints that limit the effectiveness of electoral feedback. Public choice theorists have documented these constraints extensively, but today I want to discuss just three such constraints. Let’s call them the ABCs of Electoral Politics.” (05/03/22)