2. “Majority voting ensures that government will produce only those public goods for which benefits exceed costs.” Discuss. LO5.3 3. “The problem with our democratic institutions is that they don’t correctly reflect the will of the people! If the people—

rather than self-interested politicians or lobbyists—had control, we wouldn’t have to worry about government taking actions that don’t maximize allocative and productive efficiency.”

Critique. LO5.3