The post explores the contradiction between studies suggesting elite influence on policy and those indicating money's limited impact on politics, offering several hypotheses to reconcile these findings.
Longer summary
This post discusses two seemingly contradictory political science findings: one suggesting that elite opinion strongly influences US policy, and another indicating that money has little impact on politics. The author presents several hypotheses to reconcile these findings, including the possibility that legislators are themselves elites, that elites control cultural institutions, or that money influences politics through lobbying rather than campaign contributions. The post critically examines each hypothesis, considering their strengths and weaknesses in explaining the apparent contradiction.
Shorter summary