How to Acquire Political Power: The Economics of Winning Elections

Voters are faced with bundled choices, they vote infrequently, no individual’s vote will affect the election, voters have little incentive to be highly informed about the candidates’ policy positions, and the winning candidate is not obliged to deliver on his promises. Candidates who understand these simple facts will have an advantage over political opponents, writes Mark Brandly.

This audio Mises Daily is narrated by Steven Ng.