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Research . 2026
License: CC BY NC
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY NC
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY NC
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY NC
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY NC
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY NC
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY NC
Data sources: Datacite
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The Price of Political Change: A Cost-Benefit Framework for Policy Incentivization

Abstract

Abstract: What is the maximum cost to achieve any policy change through legal democratic channels? We estimate \$25 billion for the United States and \$200 billion globally. These figures represent the upper bound of matching all opposition spending (campaign finance, lobbying) and providing career alternatives for affected legislators. For high net-societal-value policies, even these maximum costs yield extraordinary returns: military-to-health reallocation achieves ROI exceeding 400,000:1, carbon pricing exceeds 1,000:1, and occupational licensing reform exceeds 2,000:1. The "political impossibility" objection thus reduces to a capital allocation problem. Political change is not impossible; it is merely expensive, and for valuable reforms, the price is trivial relative to the benefits. Summary: What's the maximum cost to achieve any policy change through legal democratic channels? \$25B for the US, \$200B globally. For high-value reforms like military-to-health reallocation, this yields ROI exceeding 400,000:1.

Category: Academic Paper, Political Economy, Mechanism Design, Public Policy | Genre: Political Science, Economics, Public Choice, Public Policy | Target Audience: Researchers, Policy Makers, Political Scientists, Economists, Political Reform Advocates

Keywords

democracy, political-economy, campaign-finance, lobbying, public-choice, political-reform, cost-benefit-analysis, mechanism-design, political-feasibility

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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