The Economics of Voting

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The book explores the interplay between self-interest and electoral markets, examining when voting behaves like ideal commercial markets. It discusses how self-interest can effectively influence income redistribution, addressing inequality while maintaining incentives for work and savings. However, it also highlights the potential for inconsistent collective behavior in voting, necessitating the support of bargaining, duties, and rights to achieve cohesive outcomes. This analysis provides a nuanced understanding of the economics behind voting and its societal implications.