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Following Their Leaders

Following Their Leaders

Following Their Leaders

Political Preferences and Public Policy
Randall G. Holcombe, Florida State University
March 2023
This ISBN is for an eBook version which is distributed on our behalf by a third party.
Adobe eBook Reader
9781009323147

    Models of democratic decision-making tend to assume that voters have preferences and that candidates adjust their platforms to conform with those preferences; however, the direction of causation is largely the opposite. Political elites offer policy platforms to voters, and voters adopt those policies - they follow their leaders. Following Their Leaders argues that policies are designed by the elite and the electorate has little say. Preferences for public policy tend to be anchored in a political identity associated with a candidate, party, or ideology; voters' preferences on most issues are derived from their anchor preferences. Holcombe argues that because citizens adopt the policies offered by the elite, democratic institutions are ineffective constraints on the exercise of political power. This volume explores political institutions that help control the elite who exercise political power and discusses the implications political preferences have on democracies.

    • Presents ideas that can be followed by an interested lay readership
    • Argues topics that are directly relevant to the current political landscape due to rising partisan divisiveness
    • Explains how competition among elites can be incorporated into political institutions to overcome (at least somewhat) the ineffectiveness of democratic institutions

    Product details

    March 2023
    Adobe eBook Reader
    9781009323147
    0 pages
    This ISBN is for an eBook version which is distributed on our behalf by a third party.

    Table of Contents

    • 1. Introduction
    • 2. Instrumental and Expressive Preferences
    • 3. Influences Over Preference Formation
    • 4. Preference Aggregation Through Voting
    • 5. The Formation of Political Preferences
    • 6. Anchor Preferences and Derivative Preferences
    • 7. Preferences of Elites and Masses
    • 8. Policies that Maximize Political Power
    • 9. Patriotism, Propaganda, and the Public Interest
    • 10. Implications for Democracy.
      Author
    • Randall G. Holcombe , Florida State University

      Randall G. Holcombe is DeVoe Moore Professor of Economics at Florida State University. He served on Florida Governor Jeb Bush's Council of Economic Advisors from 2000 to 2006, and is past president of the Public Choice Society and the Society for the Development of Austrian Economics.