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Article
Is Talk Cheap? Buying Congressional Testimony with Campaign Contributions
Journal of Economic Policy Reform (2002)
  • Omer Gokcekus, Seton Hall University
  • Ryan Gibbs
  • Edward Tower
Abstract
For the steel import quota bill of 1999, each word in the Congressional Record costs $39 in campaign contributions from the steel industry. Consequently, our answer is "Yes, talk is cheap!"
Keywords
  • Lobbying,
  • Cheap Talk,
  • Rent Seeking,
  • Campaign Contributions,
  • Protectionism
Publication Date
2002
DOI
10.1080/1384128021000066071
Citation Information
Omer Gokcekus, Ryan Gibbs and Edward Tower. "Is Talk Cheap? Buying Congressional Testimony with Campaign Contributions" Journal of Economic Policy Reform Vol. 5 Iss. 3 (2002) p. 127 - 131
Available at: http://works.bepress.com/omer_gokcekus/16/