Five Laws of Politics: A Follow-Up

Abstract

ABSTRACTIn this follow-up to “Five Laws of Politics,” I show that the original estimates of electoral outcomes describing the five “laws” hold up with twice the number of elections and three times as many countries as in the original article. The analysis yields long-run equilibrium values for several electoral parameters that set limits to incumbent support in a democracy. The evidence lends additional support to the notion that elections in democracies appear as if governed by “laws of politics.”