Smash Notes
Why Does A United States Senator Fail To Do The Right Thing?
Competition disciplines corporations but re election disciplines US senators. There is no way in hell a senator gets to do the right thing because the senator lives in a world where political power is exercised by concentrated interests. Most people in the United States cannot name even one senator and the lack of information is rational.
EconTalk
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Public Choice and Politics Without Romance (with Mike Munger)
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at 57:10
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·Transcript
People
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