Monday, October 27, 2014

Cook County ballot is full of uncontested elections

Even the Cook County Board President is running unopposed. Not exactly free entry

http://econfaculty.gmu.edu/wew/syllabi/Econ811JournalArticles/BeckerJLE.pdf

2 comments:

Lucas said...

Completely unrelated to this article, but it seems to me that you have a fundamentally wrong understanding of the economy. Supply and demand in that order would mean that you would produce a million units of something before testing a prototype and selling small quantities to measure the demand and therefore the needed production size. But then you contradict your own slogan by writing a book and selling it through ebook format instead of getting a loan a printing the 10 million copies the public should buy because you supplied. I am sorry to tell you that demand is first.

Tom Dougherty said...

Lucas,

What is your demand for a Rolls Royce?

Sell 10 million copies of your own book (supply), then you may be able to purchase one (demand). See, supply and demand (in that order).