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  1. #1
    Senior Member reason's Avatar
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    Apr 2007

    Default The Political Economy of Power

    Interesting podcast at EconTalk featuring Bruce Bueno de Mesquita (what a fantastic name). So, click here.

    Edit: I am aware that it is very long, and quite complicated at times, but I strongly recommend. The book, The Logic of political Survival is great, too.
    A criticism that can be brought against everything ought not to be brought against anything.

  2. #2
    Senior Member htb's Avatar
    Join Date
    May 2007


    Streaming now. A very Ti argument, but worth listening to, as the Hoover Institution brings good things.

    Edit: About one-third through. The theory is much stronger than the broad thesis statement led me to believe. Mental disassociation of confiscation from velleity is an incredible feat of economic self-hypnosis; good on Bueno de Mesquita to confront it.

  3. #3


    An interesting theory indeed.

    One wonders if it applies to other forms of leadership also. Especially corporate leadership in corporate America (or abroad even), where the CEO has to keep the Board (Winning coalition) happy but not necessary all the shareholders (the selectorate). Of course the customers, employees and the general public are an entirely different story (potential sharesholders, so kind-of a selectorate for the selectorate).

    Accept the past. Live for the present. Look forward to the future.
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    "As our island of knowledge grows, so does the shore of our ignorance." John Wheeler
    "[A] scientist looking at nonscientific problems is just as dumb as the next guy." Richard Feynman
    "[P]etabytes of [] data is not the same thing as understanding emergent mechanisms and structures." Jim Crutchfield

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