tag:blogger.com,1999:blog-4746130952759214320.post4899533938081006869..comments2023-09-28T11:33:06.863-04:00Comments on Big Bang Economics: Ethanol, Food Prices, and More BullshitJames Banghttp://www.blogger.com/profile/13827871784144223628noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4746130952759214320.post-2358828064495119622008-06-01T18:48:00.000-04:002008-06-01T18:48:00.000-04:00This is a tough question because the two issues (l...This is a tough question because the two issues (lobby groups and rational ignorance by voters) cannot be divorced theoretically. There are a number of political economy models in which part of the way in which lobby groups dominate the policy outcome is through the distribution of distorted information to imperfectly-informed voters or politicians. This is one of the channels through which "contributions" can be assumed to "work" in affecting policy with democratic institutions and without making more nefarious assumptions about the morals of those in or running for office.James Banghttps://www.blogger.com/profile/13827871784144223628noreply@blogger.comtag:blogger.com,1999:blog-4746130952759214320.post-60871256077461263202008-06-01T04:50:00.000-04:002008-06-01T04:50:00.000-04:00Does the sugar lobby think this diabolically or is...Does the sugar lobby think this diabolically or is all this just a happy (for the sugar lobby) by product of utter greed and rational ignorance!Economicushttps://www.blogger.com/profile/14529749179334953701noreply@blogger.com