(Read and download) The Myth of Democratic Failure: Why Political Institutions Are Efficient (American Politics and Political Economy Series)
☆ Donald A. Wittman ☆
| #1522697 in Books | Donald A Wittman | 1997-01-01 | 1997-01-01 | Original language:English | PDF # 1 | 9.00 x.70 x6.00l,.86 | File Name: 0226904237 | 240 pages | The Myth of Democratic Failure Why Political Institutions Are Efficient
||14 of 15 people found the following review helpful.| Wittman's basic assumptions are flawed|By Howard|Wittman's argument is that democracy generates efficient outcome, and it is based on the following premises: 1. politics has low transaction costs, 2. the political arena is just as competitive as markets, 3. political information is cheaply (even mostly freely) available and voters are rational (in the "rational expectations"|From the Back Cover|In The Myth of Democratic Failure, Donald A. Wittman refutes one of the cornerstone beliefs of economics and political science: that economic markets are more efficient than the processes and institutions of democratic government.
This book refutes one of the cornerstone beliefs of economics and political science: that economic markets are more efficient than the processes and institutions of democratic government.
Wittman first considers the characteristic of efficient markets—informed, rational participants competing for well-defined and easily transferred property rights—and explains how they operate in democratic politics. He then analyzes how specific political instit... [PDF.qy15] The Myth of Democratic Failure: Why Political Institutions Are Efficient (American Politics and Political Economy Series) Rating: 4.92 (750 Votes)
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You can specify the type of files you want, for your gadget.The Myth of Democratic Failure: Why Political Institutions Are Efficient (American Politics and Political Economy Series) | Donald A. Wittman.Not only was the story interesting, engaging and relatable, it also teaches lessons.
