Ron Paul vs. the Median Voter Model
I’m already devouring Brian Doherty’s Ron Paul’s Revolution. Brian’s such a great writer and such a careful historian – a true treasure. To me, though, the biggest puzzle isn’t how Ron Paul can command the loyalty of 5% of the U.S. population, but how Paul manages to repeatedly win re-election in a seemingly normal congressional district.
The Median Voter Theorem usually works pretty well in the real world. Why does it fail so badly for Ron Paul? Please show your work.
The post appeared first on Econlib.