Why do Republicans assume more defense spending means more defense and Democrats assume more education spending means more education?
Fake news is just a market response to our flawed propensity to believe what we want. It's a symptom of much large problem.
Public choice theory in one tweet: you get better policy by creating the right institutions rather than trying to elect the right people.
This is everything that is wrong with empirical economics. How can you confidently isolate an effect like this? Fau… twitter.com/i/web/status/8…
Money in politics is only a symptom. The real disease is the power of the government to hand out favors.