“Public decision making is complicated and not well understood. Contrary to simple methods of democracy, there appear to be forces pulling government expenditures away from levels that would be preferred by the median voter.”

—  Harvey S. Rosen

Source: Public Finance - International Edition - Sixth Edition, Chapter 6, Political Economy, p. 133

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Harvey S. Rosen photo
Harvey S. Rosen 21
American economist 1949

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