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This disconnect is called the "Tullock Paradox" in Economics, after Gordon Tullock who first asked it in "The Purchase of Politicians" (1972) [couldn't find an
by arjunnarayan 4y ago
This disconnect is called the "Tullock Paradox" in Economics, after Gordon Tullock who first asked it in "The Purchase of Politicians" (1972) [couldn't find an online link].
You'll find a more recent discussion in "Why is There so Little Money in U.S. Politics?" (2003). [1]
[1] https://www.aeaweb.org/articles?id=10.1257/089533003321164976 https://www.aeaweb.org/articles?id=10.1257/08953300332116497...
- Natsu 4y agoSometimes I think it's like dark matter, it's just out of the public eye in, I dunno, art sales or cushy jobs for family members that funnel money to one another.
- tomp 4y agoMuch more recent: TOO MUCH DARK MONEY IN ALMONDS (2019) https://slatestarcodex.com/2019/09/18/too-much-dark-money-in-almonds/ https://slatestarcodex.com/2019/09/18/too-much-dark-money-in...