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Book by Palda, Filip
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In this brief book, Palda, senior economist at the Fraser Institute in Vancouver, British Columbia, offers a spirited and somewhat effective libertarian critique of caps on campaign spending. Such measures, he argues convincingly, often hamper challengers and help incumbents, who can use the power of their offices to promote themselves. More dubious is his assertion that the advance of technology, allowing candidates to aim their messages at target audiences, will help people make sound political choices more than government-sponsored voter information programs. He pointedly calls government campaign subsidies "political foodstamps" and says that subsidies such as matchingg grants are biased in favor of established candidates and parties. He claims, a bit disingenuously, that contributions don't buy favors and downplays the fact that they do buy access. Though he establishes that rules limiting spending may influence elections more than big-money donations, his apparent acceptance of the status quo ignores the palpable need for better ways to produce a more informed public.
Copyright 1994 Reed Business Information, Inc.
A congressional claque bays for taxpayer money to underwrite their campaigns. Here is a free-marketeer's tract that challenges that proposition with reasoning based on the pattern of campaign spending since 1972. Economist Palda crunches numbers about the sources of funds and structures his argument around the reasons people organize to give money in the first place. Far from "buying" a candidate, the donor's dough is an informal vote, an act of speech, which indicates to the candidates their popularity and consonance with their district's opinions. By replacing private money with its own, the government mutes a key conversation, so Palda argues, and tends to reinforce incumbency and increase campaign costs--both of which results would run contrary to the good intentions of the reformers. For libertarians, such ammunition helps to fight a recondite battle with significant electoral stakes. Gilbert Taylor
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Book Description Ics Pr, 1993. Paperback. Condition: New. Never used!. Seller Inventory # P111558152849
Book Description Ics Pr, 1993. Condition: New. book. Seller Inventory # M1558152849