Why Politics Is Stuck in the Middle

More on politics, I apologize for those looking for a report on my trip to Miami to watch the Super Bowl (in brief: in person, J. Lo looks good).

Tyler Cowen (of Marginal Revolution fame) covers the current political quagmire from an economist's point of view. It's a great quick read, and I hope Cowen will forgive me for excerpting more than I normally would here, but the economist's viewpoint is a different one and quite valuable. It begins with "median voter theorem".

Economists approach political competition with a simple but potent hypothesis called the “median voter theorem.