Wednesday, July 08, 2009

Economics and politics asks too much of us

Today's column from Herald Economics editor Ross Gittens:

"After being paid to study the performance of politicians for the past 35 years it finally occurs to me that the problem with democracy is the same problem we have with competition in markets: for it to work well requires more effort and attention on the part of voters (or customers) than they're prepared to devote to it." [my emphases]

Read the rest here.

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