The Contrast Between Economics and Politics

Pete Wojciechowski: I love what you do in that chapter a. You're your thesis adviser, chris coyne. One of my favorite papers of his is a paper called put me in coach yust about the integration of majorlig baseball and the role that competitive forces played in it. And so if you have policies which inadvertently lower the cost of them engaging in their preferences, don't be surprised when you see more of it. The costs are concentrated on the decision maker, rather than dispersed. It's a good way to think about the contrast between economics and politics. What politics does is it concentrates benefits and disperses costs. But what economics, market