"Why do conservatives have such a hard time winning the economic debate in the court of public opinion? Simple, George Gilder says: conservatives misunderstand economics almost as badly as liberals do. Republicans have been running on tax cut proposals since the era of Harding and Coolidge...

"In this study I explain why economic voting is so widespread and, yet, why incumbents so often win amidst economic downturns and challengers in boom times. I account for the fact that some candidates drastically outperform the predictions of economic voting models while others underperform....