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The Overton window is an approach to identifying the ideas that define the spectrum of acceptability of governmental policies. It says politicians can act only within the acceptable range. Shifting the Overton window involves proponents of policies outside the window persuading the public to expand the window. Proponents of current policies, or ...
Overton window; research on education and public policy. Joseph Paul Overton [1] (4 January 1960 – 30 June 2003) was an American political scientist who served as the senior vice president of the Mackinac Center for Public Policy. [2] [3] He is best known for his work in the mid-1990s developing an idea since known as the Overton window.
The parable seeks to show how opportunity costs, as well as the law of unintended consequences, affect economic activity in ways that are unseen or ignored. The belief that destruction is good for the economy is consequently known as the broken window fallacy or glazier's fallacy .
The novel is based on the Overton window concept in political theory, in which at any given moment there is a range of policies related to any particular issue that is considered politically acceptable ("in the window"), and other policies that politicians seeking to gain or hold public office do not feel they can recommend without being considered too far outside the mainstream ("outside the ...
Some economic concepts in current use are based on his work: The Pareto index is a measure of the inequality of income distribution. He argued that in all countries and times, the distribution of income and wealth is highly skewed, with a few holding most of the wealth. He argued that all observed societies follow a regular logarithmic pattern:
There’s no relief in sight. The federal debt is due to hit 122% of GDP within 10 years, up from around 100% now, according to the CBO. Since 2000, federal debt has averaged just 62% of GDP. That ...
Two Treatises of Government (full title: Two Treatises of Government: In the Former, The False Principles, and Foundation of Sir Robert Filmer, and His Followers, Are Detected and Overthrown. The Latter Is an Essay Concerning The True Original, Extent, and End of Civil Government) is a work of political philosophy published anonymously in 1689 ...
Paradox of thrift. The paradox of thrift (or paradox of saving) is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving. The paradox is, narrowly speaking, that total saving may fall because of ...