The Dismal Science
Anthony Downs was an economist and political scientist who worked in a Washington D.C. tank. He wrote the book: "An Economic Theory Of Democracy". He died at age 90 on October 2, 2021. His book was written in 1957. Each voter would compare his expected utility of having party A (incumbent) in government (for another term, that is) with the expected utility of having party B (opposition) in government. The voter would vote in his own self interest based on his understanding of the issues as presented by the political parties. Another option would be to not vote at all. Not everybody does the research needed to make a good decision on their self interest and may opt out of voting. I remember studying this issue in a course on presidential politics as an undergraduate at the University of Miami. Its premise seems so obvious these days as to be trite. Complicating this simple question is the local nature of politics in a very large and ...