Today’s Brown Bag Seminar featured Dr. Richard Ault (Department of Economics, Auburn University) lecturing on Democracy: How the Game Has Been Stacked Against You. You can listen to an archived version of this lecture in [MP3 audio]. Also, see the schedule of Upcoming Webcasts of other Mises Institute lectures.
Source link: http://blog.mises.org/3555/brown-bag-seminar-audio/
Brown Bag Seminar Audio
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Ault says that the outcome of elections is determined by incumbency. While incumbency may be an accurate predictor of the outcomes, elections are truly determined, in a causal sense, by voter preference. Voter preference can explain the continual election of incumbents because most voters are rather dogmatic about their political views, and don’t change them between elections.
Though I am no democrat, I don’t think we’re “disenfranchised”.
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