Anyway the economics of voting, is an example of the free rider problem. Why should I spend 10 minutes researching all the different parties and what they stand for when my vote isn't going to make a difference anyway. There is a temptation not to vote but free rider on the efforts of those who do go to the polls.
You could argue voting gives a sense of satisfaction in that you get to choose for the party you think is best.
£1.50 Icecube trays and £175bn annual Government DebtOn another related point it is interesting to see how much media coverage has been dominated by MP's expenses. It seems that government borrowing requirements of £175bn are too vast to comprehend so we'd rather concentrate on MPs who claim duck houses and horse manure on expenses. MP expenses are only a tiny fraction of government spending, but things like horse manure and Icecube trays are easier to relate to than abstract sums.
I recenlty wrote a piece whether MPs should be paid more?
Maybe someone should try to work out the volume of horse manure that would be needed to equal the value of £175bn. That may help people to understand the volume of government borrowing for this year.