The Economics of Blago

Turns out the soon-to-be Ex-Governor of the Prairie State was too modest by far in his request for “a certain consideration.”

Senate seats, even short-term appointed ones, are sizzling hot properties right now.  It’s a seller’s market to the tune of up to one billion U.S. dollars!  (I think that’s about ten Euros, but I’m rounding down.)

Anyway, you can read a very interesting price analysis here, accessibly-written even for math morons like me.

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About John Judy

I was away for a while. Now I'm back. Because Wordpress changes less often than Facebook.
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