Information Costs & Democracy

In Part III of this work, Anthony Downs deals with the roles, uses, and costs of information in society, together with the effects of these factors on democratic government. In the time honored tradition of economists everywhere and in every age, Downs begins by making some unrealistic assumptions that both ease his task of developing and justifying his contentions and cause those contentions to be somewhat less relevant to the real world. The most spurious of the assumptions made by Downs (1957) is that "no false information is published by any sources" p. 208).

Downs contends that, as information e

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Approximate Word count = 518
Approximate Pages = 2 (250 words per page)

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