Tag: politicians

Externalities: Market Failure or Political Failure?

Economists often talk about externalities as a reason why government should regulate markets. Externalities refer to situations where in our private actions we may impose costs on other actors without paying appropriate compensation. So for example, when a factory pumps out noxious fumes into the atmosphere it’s imposing an externality on the people in the neighborhood who are breathing in...

How politicians avoid a photo-op fail: Unpacking the staged campaign event

Vassy Kapelos:Here’s a visual you’re probably used to seeingduring an election:the daily campaign event.One veteran campaign organizer for the Liberals summed it up like this: “Campaign events are the lifeblood of an election.”Whether it’s a speech,a rally, a photo op, or a barbecue,parties are trying to create a visual message that mediawill pick up on and that voters will remember.So...

Why political parties run attack ads even if you don’t like them

Announcer: Vassy:You’re pretty much guaranteed to see negative adsduring a Canadian election.Announcer: He’s not as advertised. Vassy:They’re usually put out by political partiesbut third parties run them too.That’s basically any person or organization that spendsa minimum of five hundred dollars on election activitiesand they have to be registeredwith Elections Canada.No matter who’s running the negative ad, whether it be third...