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Wednesday, April 09, 2014

'Rich people rule!'

In case you missed this in today's links, Larry Bartels:

Rich people rule!, by Larry Bartels, Commentary, Washington Post: Everyone thinks they know that money is important in American politics. But how important? .. For decades, most political scientists have sidestepped that question... But now, political scientists are belatedly turning more systematic attention to the political impact of wealth, and their findings should reshape how we think about American democracy.
forthcoming article ... by ... Martin Gilens and ... Benjamin Page marks a notable step in that process. ... They conclude that “economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while mass-based interest groups and average citizens have little or no independent influence.”
Average citizens have “little or no independent influence” on the policy-making process? This must be an overstatement of Gilens’s and Page’s findings, no?
Alas, no. In their primary statistical analysis, the collective preferences of ordinary citizens had only a negligible estimated effect on policy outcomes, while the collective preferences of “economic elites” ... were 15 times as important. ...

    Posted by on Wednesday, April 9, 2014 at 10:58 AM in Economics, Income Distribution, Politics | Permalink  Comments (24)

          


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