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1 author picked An Economic Theory of Democracy as one of their favorite books. Why do they recommend it?
Downs does a great job of explaining how democratic decision-making links voter preferences to public policy outcomes. He looks at political preferences as existing on a left-to-right continuum and concludes that democratic elections tend to select the candidates whose preferences most closely reflect the median voter—the voter whose preferences fall in the middle of that left-right continuum. He offers a few caveats, one being that because one vote has a vanishingly small chance to affect an election outcome, voters tend to be rationally ignorant on political matters. There is no payoff to becoming informed because an election outcome will be…
From Randall's list on The best books to understand voter preferences and democratic decision-making.
If you love An Economic Theory of Democracy...
December on 5C4
Magical realism meets the magic of Christmas in this mix of Jewish, New Testament, and Santa stories–all reenacted in an urban psychiatric hospital!
On locked ward 5C4, Josh, a patient with many similarities to Jesus, is hospitalized concurrently with Nick, a patient with many similarities to Santa. The two argue…
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