This paper empirically evaluates two competing theories of electoral accountability in the context of New Orleans’ 2006 mayoral election. According to the democratic efficiency theory, voters can successfully punish ineffective political agents by removing them from office. In contrast, the...

The socialist experiment proved to be a failure. It proved not only an isolated failure, but also a global one - every political and economic system influenced by socialism suffered from a severe crisis in the last decades of the 20th century. The soft socialism of the democratic welfare states...