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Comments on: Too much of a good thing? http://www.tvhe.co.nz/2007/10/14/too-much-of-a-good-thing/ The Visible Hand in Economics Thu, 18 Oct 2007 08:51:34 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Richard http://www.tvhe.co.nz/2007/10/14/too-much-of-a-good-thing/#comment-400 Thu, 18 Oct 2007 08:51:34 +0000 http://tvhe.wordpress.com/2007/10/14/too-much-of-a-good-thing/#comment-400 Hoo-ray, I’m right-wing again!

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By: rauparaha http://www.tvhe.co.nz/2007/10/14/too-much-of-a-good-thing/#comment-399 Tue, 16 Oct 2007 23:49:27 +0000 http://tvhe.wordpress.com/2007/10/14/too-much-of-a-good-thing/#comment-399 In the article they say that the relationship they derive is a square-root, but the observed relationship is more like the population raised to a power of 0.4. So the cube root rule may be empirically a little closer to reality but not optimality according to the paper.

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By: Graeme Edgeler http://www.tvhe.co.nz/2007/10/14/too-much-of-a-good-thing/#comment-403 Tue, 16 Oct 2007 13:06:05 +0000 http://tvhe.wordpress.com/2007/10/14/too-much-of-a-good-thing/#comment-403 I understood the standard “rule” was even simpler – the legislature should approximate the cube root of the population.

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By: Matt Nolan http://www.tvhe.co.nz/2007/10/14/too-much-of-a-good-thing/#comment-402 Mon, 15 Oct 2007 19:24:32 +0000 http://tvhe.wordpress.com/2007/10/14/too-much-of-a-good-thing/#comment-402 I have no idea why we put you on the left. My excuse is that the left wing and right wing boxes are right next to each other, and I just clicked the wrong one 😉

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By: Richard http://www.tvhe.co.nz/2007/10/14/too-much-of-a-good-thing/#comment-401 Mon, 15 Oct 2007 08:58:49 +0000 http://tvhe.wordpress.com/2007/10/14/too-much-of-a-good-thing/#comment-401 Having looked at the article but not the paper, the assertion that too few leads to problems seems to be nonsense given the countries with too few are amongst the more stable of the worlds democracies. http://www.economist.com/markets/rankings/displaystory.cfm?story_id=8908438

Also that it appears to leave out state govt, especially in the US or Oz, seems to make the study generally questionable given control state govts on red-tape. I’d also not that Italy, France and Spain have much in common in terms of polictical culture that would influence the behaviour of their legislators perhaps more than the number of legislators.

And why you popped my blog on the left? It gave my mates a laugh at least 😉

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