The economics of democracy
The way we elect political parties limits the ability of voters to make their actual preferences known. And this can lead to voter frustration and anger. Simply put, citizens get the sense politicians just don’t listen.
OAKVILLE, ONT.—Voting for a political party is an exercise fraught with inefficiency.
That remarkably brilliant insight came to me while I was attending a seminar the Fraser Institute, a pro-free market think tank, recently put on in the beautiful city of Vancouver.
The seminar, which lasted a f...
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