Acemoglu and Robinson on Super PACs

Post from Robinson and Acemoglu on how money in politics changes the debate and therefore the proposed policies. This is certainly related to some work that I’ve been doing.

I believe that is also argues for a break between money and politics. As I’ve been arguing, the best (and perhaps only) way to do this would be through a constitutional amendment. A lot of the commentariat seems to dismiss this out of hand, perhaps because it’s been so long since we have amended the constitution. But it seems like a large enough problem with no available legislative solution, that an amendment is the only way to go.

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