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Final voting in legislatures

American Economic Review 1986
In representative democracies, such as the United States, legislatures provide the transmission mechanism through which pressure from private interests becomes public policy. Considerable attention has been given in the literature to explanations of the relevant forces that appear to be driving the legislative process. For example, much research has focused on the relative impact of economic vs. ideological influences on congressional voting behavior. In this approach, the way that legislators vote on proposed legislation is modeled as a function of the preferences of various economic and ideological interests groups, including the legislator's own preferences for wealth and ideology (James Kau and Paul Rubin, 1979; Joseph Kalt and Mark Zupan, 1984; Sam Peltzman, 1985). Missing from this approach is the idea that when legislatures are the transmission mechanism, they are costly and imperfect organizations for generating political influence (Gary Becker, 1983). As such, rules and institutions will emerge that are related to problems of internal control within the organization of a legislature. In this paper, we focus on the role of floor voting from the standpoint of legislator organization and control. We seek to expand the interpretation of the meaning of floor voting activity by examining the timing, sequence, and outcomes of such votes. Specifically, we look at final floor voting in the U.S. Congress. The patterns described in the analysis below suggest that a broader analytical perspective on the economic function of floor voting is required. The findings also suggest that to identify more precisely the forces that are driving legislator voting behavior, it is important to recognize the role of legislative transactional costs and institutional constraints. In Section I, the conceptual framework for the empirical results is discussed in more detail. The purpose is not to develop a fullblown theory of legislative organization, rather, it is to focus the reader's attention on several hypotheses about the function of final floor voting as a device for controlling legislator behavior within the legislature. Empirical results, including an explanation of the timing and sequence of final votes on bills, are reported in Section II. The data for these tests are drawn from legislative activities in the U.S. House of Representatives during the 96th and 98th Congresses. Some concluding remarks are offered in Section III.

Economists and the Economy

The Review of Economics and Statistics 1990 72(4), 707
Using data from a sample of the economic literature published over the years 1950 through 1988, we find substantial support for an environmental theory of idea entrepreneurship among economists. In particular, we show that the percentage of economic articles devoted to the topics of inflation and employment are related directly to the actual inflation and unemployment rates in the economy and indirectly to the growth rate of aggregate real income. Moreover, we are able to provide evidence of undirectional causality running from changes in the economic environment to changes in the composition of the economic literature.

An Economic Analysis of the Protestant Reformation

Journal of Political Economy 2002 110(3), 646-671
This paper seeks to explain the initial successes and failures of Protestantism on economic grounds. It argues that the medieval Roman Catholic Church, through doctrinal manipulation, the exclusion of rivals, and various forms of price discrimination, ultimately placed members seeking the Z good “spiritual services” on the margin of defection. These monopolistic practices encouraged entry by rival firms, some of which were aligned with civil governments. The paper hypothesizes that Protestant entry was facilitated in emergent entrepreneurial societies characterized by the decline of feudalism and relatively unstable distribution of wealth and repressed in more homogeneous, rent‐seeking societies that were mostly dissipating rather than creating wealth. In these societies the Roman Church was more able to continue the practice of price discrimination. Informal tests of this proposition are conducted by considering primogeniture and urban growth as proxies for wealth stability.