Second Reply to Caplan: The Power and the Glory of the Median Voter
AbstractIT IS ALWAYS A PLEASURE TO HAVE THE LAST WORD. I WILL NOT make a point-by-point counter-argument to Brian Caplanâ€™s Rejoinder (2005b) because doing so would exhaust my patience, as well as the readersâ€™ (but probably not Caplanâ€™s). Instead, I will present some general arguments that can be employed in answering a variety of questions. In my response I will: explain why there is a demand for democratic failure theories; predict which voters will appear to act irrationally; explain why evidence of voter irrationality does not imply that government policy is irrational; show why Caplanâ€™s argument that voters are rationally irrational when they vote does not conform with the facts; and suggest empirical tests that might be employed to gain greater insight into voter behavior.
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Bibliographic InfoArticle provided by Econ Journal Watch in its journal Econ Journal Watch.
Volume (Year): 2 (2005)
Issue (Month): 2 (August)
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- Anthony Evans, 2014. "A subjectivist’s solution to the limits of public choice," The Review of Austrian Economics, Springer, vol. 27(1), pages 23-44, March.
- José Jorge Gabriel Júnior, 2011. "Democracia E Racionalidade Do Eleitor:Evidências Dos Pleitos Estaduais," Anais do XXXVIII Encontro Nacional de Economia [Proceedings of the 38th Brazilian Economics Meeting] 066, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
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