Not a Novel Question, but One Worth Asking Again and Again

by Don Boudreaux on August 25, 2011

in Politics, State of Macro

If human choices and actions in private settings are so heavily influenced by animal spirits that the economy is often significantly damaged by their musings and muckings around, aren’t human choices and actions in political settings at least equally influenced by these same animal spirits – and, hence, isn’t political activity at least equally distorted by these unpredictable poltergeists?

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