As economist Thomas Schelling astutely points out in his paper Egonomics or the Art of Self-Management (1978), people are often conflicted in their decision-making by current satisfaction and long-term goals. Since these goals are contrary, it is... continue reading
The process of Implicit Logrolling (Buchanan & Tullock,1962) is a form of indirect vote-trading that heavily relies on the bundling of wedge issues. By way of tying specific groupings of policies to attract targeted demographics of voters to a... continue reading
Bruce Yandle’s concept of Bootleggers and Baptists explains how seemingly opposing groups/individuals join forces for a single cause. The Bootleggers stand to gain from advocating the assumed policy position. The Baptists provide moral... continue reading
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