Money and Markets: Essays in Honor of Leland B. Yeager

Monopoly politics and its unsurprising effects 6547 Moreover, according to the FEC, the treasurer has unlimited personal liability – surelyan impediment, especially for challengers.48 See Monopoly Politics, pp. 96–100.49 It is worth noting that this license requirement gives incumbents another specialadvantage, for it says, in effect, that a challenger must give ample, and formal, notice toan incumbent that “I want your job.”50 These changes, of course, would not remove all forms of contrived advantages. SeeMonopoly Politics, esp. Chapter 6.51 See Monopoly Politics, pp. 117–18.