Comments: The Funny Economics of Senate Seats

Yes, this is truly funny economics because money and politics go together like apple pie and cheese.

Political contributions, it is widely held, are a mode of protected free speech, and soliciting contributions to any part of the political process are surely a necessary part of the process. Selling, buying, soliciting, receiving -- all ought to qualify as freedom of speech. Putting limits on capitalism? It's un-American, socialistic.

Or, rescind the idea that money transfer is free speech and we'll possibly get better politics. Nah.

Posted by Don Bacon at December 17, 2008 01:09 PM

Ya gotta do what Ya gotta do.---Futurama

Posted by Mike Meyer at December 17, 2008 01:25 PM

This is a well-written blog post, I must say.

Posted by abb1 at December 17, 2008 01:45 PM

Schumer is a player. Unlike The Disgraced, he understands the subtle difference between a senator's seat and a senator's soul: the first one you buy; the second one you sell.


Mirabeau once said that Talleyrand was right to sell his soul for money, because he was trading mud for gold.

Posted by Carl at December 17, 2008 03:46 PM
he understands the subtle difference between a senator's seat and a senator's soul: the first one you buy; the second one you sell.
Schumer is reputed to be one of the more intelligent members of our "government". Apparently you, Nerdy Sage, agree; you aver that he can distinguish his head from his ass, no small feat for a legislator. Posted by Don SinFalta at December 18, 2008 12:37 PM