Steven Levitt and Stephen Dubner – Freakonomics (2005)

by vyh

In a typical election period that includes campaigns for the presidency, the Senate, and the House of Representatives, about $1 billion is spent per year – which sounds like a lot of money, unless you care to measure it against something seemingly less important than democratic elections.

It is the same amount, for instance, that Americans spend every year on chewing gum.

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