Anthony Downs

His most influential books are An Economic Theory of Democracy (1957) and Inside Bureaucracy (1967); widely translated, both are credited as major influences on the public choice school of political economy.

An Economic Theory of Democracy is a treatise of economics written by Anthony Downs, published in 1957.

In An Economic Theory of Democracy (1957), an early work in rational choice theory, Downs posited the paradox of voting, which claimed that significant elements of political life could not be explained in terms of voter self-interest.

This problem in modern public choice theory was analysed by Anthony Downs in 1957.

Downs showed that in democracies the aggregate distribution of political opinion forms a bell-shaped curve, with most voters possessing moderate opinions; he argued that this fact forces political parties in democracies to adopt centrist positions.

Building on Harold Hotelling's work on the aggregation of preferences and Duncan Black's development of social choice theory, Anthony Downs showed how an underlying distribution of preferences in an electorate can produce regular results in the aggregate, such as the median voter theorem.

His most influential books are An Economic Theory of Democracy (1957) and Inside Bureaucracy (1967); widely translated, both are credited as major influences on the public choice school of political economy.

Among other important works are Anthony Downs (1957) An Economic Theory of Democracy and Mancur Olson (1965) The Logic of Collective Action.

The term was coined by Anthony Downs in An Economic Theory of Democracy.

His left–right axis model has been integrated into the median voter theory first articulated by Duncan Black.

In 1957 with his paper titled An Economic Theory of Political Action in Democracy, Anthony Downs expounded upon the median voter theorem.

His left–right axis model has been integrated into the median voter theory first articulated by Duncan Black.

Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.

Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.

Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.

Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.

He has been a senior fellow at the Brookings Institution in Washington, D.C., since 1977.

He has been a senior fellow at the Brookings Institution in Washington, D.C., since 1977.

Before 1977, Downs served for 18 years a member and then Chairman of Real Estate Research Corporation, a nationwide consultancy advising private and public decision-makers on real estate investment, housing policies, and urban affairs.

He also served as a Senior Analyst at the RAND Corporation and a professor at the University of Chicago.

He also served as a Senior Analyst at the RAND Corporation and a professor at the University of Chicago.

Downs received a B.A. in international relations and political theory from Carleton College in 1952, and an M.A. and Ph.D. in economics from Stanford University in 1956.

Downs received a B.A. in international relations and political theory from Carleton College in 1952, and an M.A. and Ph.D. in economics from Stanford University in 1956.

Downs received a B.A. in international relations and political theory from Carleton College in 1952, and an M.A. and Ph.D. in economics from Stanford University in 1956.

In An Economic Theory of Democracy (1957), an early work in rational choice theory, Downs posited the paradox of voting, which claimed that significant elements of political life could not be explained in terms of voter self-interest.

Downs showed that in democracies the aggregate distribution of political opinion forms a bell-shaped curve, with most voters possessing moderate opinions; he argued that this fact forces political parties in democracies to adopt centrist positions.

Downs showed that in democracies the aggregate distribution of political opinion forms a bell-shaped curve, with most voters possessing moderate opinions; he argued that this fact forces political parties in democracies to adopt centrist positions.

Downs has served as a consultant to many of the nation's largest corporations and public institutions, including the U.S. Department of Housing and Urban Development (HUD) and the White House.