Public Choice Economics
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Students participate in a series of classroom elections to analyze special-interest effects and see how the costs of voting and acquiring information about candidates or propositions on a ballot affect whether or not people vote, and, if they do, how informed they will be. Students examine the causes and consequences of logrolling and other collusion by elected officials. Finally, students determine whether Indianapolis’s Lucas Oil Stadium is an example of public choice theory in action. COMPELLING QUESTION Does voting always result in the best choice?
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