https://youtu.be/ef-EDYwNbKk Every flaw that people point out in consumer choice is present, but much worse, in political choice! - Asymmetric information about quality (where producers have more knowledge about the product than consumers)? Check. Consumers can look at ratings or Consumer Reports to learn about product quality. But it’s very difficult to know when a politician is lying (unless you buy the old line that it’s when her lips are moving). - Monopoly? Check. Yes, the cable company is pretty bad. But the state is the very definition of monopoly. Your only escape is to move… to some...