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Methinks it also has to do with the nature of the campaigns: content-free, and almost only national in focus, making the elections pointless.
Classic second-order election problem.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Carrie (migeru at eurotrib dot com) on Tue Apr 14th, 2009 at 03:57:06 AM EST
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