Attention Economy


Wednesday, December 28, 2016

Fixing the US Electoral System

Two Nobel Prize Winning Economists – Erik Maskin and Amartya Sen – propose a new system for America:
The Rules of the Game: A New Electoral System
“Americans have been using essentially the same rules to elect presidents since the beginning of the Republic. …
Primary elections for president have also remained largely unchanged since they replaced dealings in a “smoke-filled room” as the principal method for selecting Democratic and Republican nominees. …
These rules are deeply flawed. For example, candidates A and B may each be more popular than C (in the sense that either would beat C in a head-to-head contest), but nevertheless each may lose to C if they both run. The system therefore fails to reflect voters’ preferences adequately. It also aggravates political polarization, gives citizens too few political options, and makes candidates spend most of their campaign time seeking voters in swing states rather than addressing the country at large.”