Effects of Campaign innovations - Very Interesting

With less reliance on the political machines of the Democratic and Republican parties, presidential (and other) hopefuls can now establish their own organizations and dissemination methods. This Post article takes a very interesting economic view of the changing methods for political campaigns with analysis of information costs(Ronald Coase's theory that smaller information-gathering costs mean smaller organizations. "That's why the Internet has made it easier for small folks, whether small firms or dark-horse candidates such as Howard Dean, to take on the big ones.") as well as transaction costs.

Q: What will happen when a national political machine can fit on a laptop? A: See below (washingtonpost.com)
- posted by JW Walthall at 3:05 AM | Permanent Link | 0 comments