Anthony Downs
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An Economic Theory of Democracy
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published
1957
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15 editions
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Still Stuck in Traffic: Coping with Peak-Hour Traffic Congestion (James A. Johnson Metro Series)
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published
2004
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5 editions
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Inside Bureaucracy
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published
1987
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11 editions
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Stuck In Traffic
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published
1992
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3 editions
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New Visions for Metropolitan America
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published
1994
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5 editions
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Growth Management and Affordable Housing: Do They Conflict? (James A. Johnson Metro Series)
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published
2004
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5 editions
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Political Theory and Public Choice: The Selected Essays of Anthony Downs Volume One (Anthony Downs Essays, 1)
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published
1998
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2 editions
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Neighborhoods and Urban Development
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published
1982
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5 editions
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Niagara of Capital: How Global Capital Has Transformed Housing and Real Estate Markets
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published
2007
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Real Estate and the Financial Crisis: How Turmoil in the Capital Markets is Restructuring Real Estate Finance
by
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published
2009
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2 editions
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“From these definitions and axioms springs my central hypothesis: political parties in a democracy formulate policy strictly as a means of gaining votes. They do not seek to gain office in order to carry out certain preconceived policies or to serve any particular interest groups; rather they formulate policies and serve interest groups in order to gain office. Thus their social function—which is to formulate and carry out policies when in power as the government—is accomplished as a by-product of their private motive—which is to attain the income, power, and prestige of being in office.
This hypothesis implies that, in a democracy, the government always acts so as to maximize the number of votes it will receive. In effect, it is an entrepreneur selling policies for votes instead of products for money. Furthermore, it must compete for votes with other parties, just as two or more oligopolists compete for sales in a market.”
― Theories of Democracy: A Reader
This hypothesis implies that, in a democracy, the government always acts so as to maximize the number of votes it will receive. In effect, it is an entrepreneur selling policies for votes instead of products for money. Furthermore, it must compete for votes with other parties, just as two or more oligopolists compete for sales in a market.”
― Theories of Democracy: A Reader
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