The Labor Market Of Italian Politicians Second Version

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Executive Summary

Like voters (the represented), politicians (the representees) are the heart and soul of representative democracy. But isn't being a politician just like any other job? After the authors get past the rhetoric, is politics any different than other occupations? In the political sector, voters, parties and politicians represent the counterparts of consumers, firms and workers/managers in the market sector. In fact, the analogy is much deeper than it may appear at first sight. In the market sector, consumers determine to a large extent the success of a firm and ultimately the management's fate. However, managers are chosen by the firms, which typically have an objective that is different from those of consumers and managers.

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