Uninsurable Risk: Adverse Selection and the Politics of Scandals

American politics lately has been centered on SCANDAL! In particular, President Obama has been at the center of several well-publicized controversies, ranging from Benghazi to the IRS to the Department of Justice. The politics of scandal is interesting.  For example, in none of the current scandals is there any real evidence that President Obama “did” … Read more

Inside Baseball: Weather you like it or not, models are useful.

As a theorist, I write models.  (There is a distinction between “types” of theorists in political science.  It is casually and superficially descriptive: all theorists write models, just in different languages.) One of the biggest complaints I hear—from both (some) fellow theorists and (at least self-described) “non-theorists”—is the following equivalent complaint in different terms: Theorists: …but, … Read more

The Impermissibility of Permission Structures

The idea of a “permission structure” has attracted some attention this week.  The basic idea of this phrase, it seems, is as follows: A doesn’t trust B to do some activity X because A fears that B does not have A’s best interests at heart in the “realm” of X. A good example of this … Read more