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Item Details
Title: THE ECONOMIC REALITIES OF POLITICAL REFORM
ELECTIONS AND THE US SENATE
By: James L. Regens, Ronald Keith Gaddie, Richard F. Teichgraeber
Format: Paperback

List price: £30.99
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ISBN 10: 0521023513
ISBN 13: 9780521023511
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 30 September, 2005
Series: Murphy Institute Studies in Political Economy
Pages: 136
Description: Regens and Gaddie argue that proposed political campaign finance reforms will not necessarily have the impact expected by advocates.
Synopsis: A central political issue in American politics during the 1990s is the need for political campaign reform. The authors examine US Senate elections to determine the role money plays in Senate elections; their analysis indicates that the system of campaign finance resembles a market, with legislators as the recipients of financial largesse based on their institutional positions and political vulnerability. This rent-seeking relationship between economic interests and legislators has transformed the dynamic of Senate elections. The authors assess the potential impact of several electoral reform proposals. Spending limits and public funding proposals, they argue, will not have the impact expected by reform advocates. Term limit and public funding proposals would disrupt the rent-seeking relationship between legislators and economic interests. These proposals also face political and constitutional barriers to implementation.
Illustrations: 7 b/w illus. 19 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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