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Pursuit of individual best outcome leads to the worst collective outcome. |
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"Want to ride the bus but not pay for it."
To defect from the group effort for individual interest but reap the benefits of the group. |
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*Think adding a cow to a feeding area to make you more money at the expense of everyone else making less money. |
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Use of resource by one makes the use by another less fruitful. |
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A vote in which the winning candidate recieves the greatest number of votes |
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Democracy vs Representative Govt. |
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Democracy: Everyone votes for everything
Representative: Elected officials handle the majority of issues. |
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a.k.a. connection of powers
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The disatribution of govt powers among several political institutions. |
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Public goods or 'bads' generated as a by-product of private activity (air pollution) |
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More concerned with fashioning an active national govt, even if it imposed high conformity costs to the states. |
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Gave congress the authority to force states to comply with its tax requisitions. |
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The selection and composition of congress (house of representatives) be chosen directly by popular vite and senate be chosen by legislature.
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Wanted a strong central government |
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Responsible for creation of the Bill of Rights
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When areas of power overlap. In those cases the federal govt is dominant. |
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Carrots: Rewards
Stick: Punishment
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creation of judicial review |
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"A slave brought north should be considered free." |
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President can appoint addition supreme court justices for every justice over 70 years old. |
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