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Up or Down! House Management and Public Finance Theory from America’s Era of Hastert

Todd J. Barry

,

Melissa K. Aho

Todd J. Barry 1

Melissa K. Aho 2

  1. Independent Researcher, Branford, CT, USA. 1

  2. Ph.D. Student, University of Southern Mississippi, Long Beach, MS, USA. 2

Pages: 44-57

DOI: 10.18488/journal.74.2020.71.44.57

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Article History:

Received: 30 April, 2020
Revised: 05 June, 2020
Accepted: 07 July, 2020
Published: 20 July, 2020


Abstract:

This primarily conceptual article hypothesizes that the deep divisions in United States politics can in part be traced to the “Hastert Rule,” a management practice since the 1990s which limits lawmakers individual respect, legitimacy, and power. The article first philosophically analyzes the noticeable change in discourse since the “Hastert Rule,” from “compromise” to “common ground.” Next the article offers a regression showing the Hastert Rule’s impact on volume of bills passed, and on public opinion, then arguing via Public Finance/Choice Economics that this management practice has led to changes in American society. A strong case regression is run concerning immigration. The results show that the Hastert Rule has hardened party lines and the public is voting for candidates according issues they suspect are not favored by the opposite party, here termed “median-division” theory. The article concludes with policy suggestions to give individual lawmakers and voters more power over legislative management- up or down!
Contribution/ Originality
This study contributes to the existing literature in that it is the first known article to regress political and societal divisiveness by the Hastert Rule which is used by the U.S. House of Representatives. Also, it proposes an original concept related to median-voter theory, highlighting the importance of voter turnout.

Keywords:

Hastert rule, Median voter theory, Division, Compromise, Common ground, Era of good feelings.

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Statistics:

Google Scholor ideas Microsoft Academic Search bing Google Scholor

Funding:

This study received no specific financial support.

Competing Interests:

The authors declare that they have no competing interests.

Acknowledgement:

Both authors contributed equally to the conception and design of the study.

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( 219 ) Effects of Socio-Cultural Diversity on the Performance of Private Health Care Organizations in Kogi State
( 220 ) Organizational Memory and Employee Performance in Federal Parastatals in Enugu State of Nigeria
( 222 ) The Effect of Corporate Social Responsibility Disclosure on Corporate Financial Performance
( 223 ) Incidence of Short Term Private Capital Outflow: Empirical Analysis in Nigeria
( 224 ) Rethinking Port Role as Transport Corridor under Symbiosis Theory-Case Study of China-Europe Trade Transportation
( 225 ) Exchange Rate Pass-through to Prices: VAR Evidence for Albania
( 226 ) Can Small-Cap Active Funds Substantially Outperform the Market Over Time?
( 227 ) Analyzing the Financial Soundness of Kuwaiti Banks Using CAMELS Framework
( 228 ) Growing and Building: Collaboration of Urban Poverty Reduction Strategy
( 229 ) Challenges and Opportunities of Investment to the People of Sebeta Town, Oromia Regional State, Ethiopia
( 230 ) Fiscal Reaction Functions and Public Debt Sustainability in Nigeria: An Error Correction Mechanism Approach
( 231 ) The Trajectory and Diaspora of Women Imprisonment: An Analysis
( 232 ) Exchange Rate Volatility, Foreign Exchange Market Intervention and Asymmetric Preferences
( 233 ) Value for Money (VFM) Audit and Public Sector Performance in Afikpo North Local Government Area of Ebonyi State, Nigeria
( 234 ) German Exports, Economic Growth and Foreign Demand: An Analysis of the Period 2000–2017
( 235 ) Multivariate Analysis in Formulation of the Benefit-Cost Index Related to the Sugarcane Production System in the Quirinopolis Municipality Productive Center, Goias, Brazil
( 236 ) Does External Borrowing Affect Economic Growth? A Revisit of the Age-Long Debate for Nigeria
( 237 ) What are the Contextual Influences of Bank Criminality in Osun East Senatorial District?
( 238 ) Determinant of MSMEs Performance and its Impact on Province GRDP in Indonesia
( 241 ) Perceived Poverty and Alleviation Efforts of Kogi State Community and Social Development Agencies in Kogi State: An Empirical Investigation
( 242 ) Determinants of Financial Performance and its Impact on the Growth of Islamic Bank Assets on Indonesia
( 243 ) The Role of Social Security Program for Enhancing Seniors Longevity
( 244 ) Trade Union Performance and Industrial Relations Climate in the Nigerian Petroleum Sector
( 245 ) Nexus between Non-Oil Sectoral Contribution and Economic Growth in Nigeria 1981-2018
( 246 ) An Empirical Investigation of Real Exchange Rate Responses to Foreign Currency Inflows: Revisiting the Dutch Disease Phenomenon in South Asia
( 247 ) Factors Affecting the Individual Stock Price Index (IHSI) Industrial Manufacturing Sector in Indonesia, Automotive Sub Sectors, and Components in Indonesia Stock Exchange (IDX)
( 248 ) Evaluating the Model of Demand for Money in Nigeria
( 249 ) Entrepreneurship Training for Mitigating Unemployment in Nigeria: How have the Tertiary Institutions Fared?
( 250 ) Evaluating the Effectiveness of CAPM and APT for Risk Measuring and Assets Pricing
( 251 ) Do Derivative Instruments Increase Firm Risk for Indonesia Non-Financial Companies?
( 252 ) Effect of Brand Enhancement on Buying Behavior towards the Sport Sponsorship Companies in Riyadh, KSA
( 253 ) Factors Influencing on Human Resources Development in SMEs Service Enterprises in Industry 4.0: The Case of Thai Nguyen Province, Vietnam
( 254 ) Determinant of Tax Revenue Effort in Sub-Saharan African Countries: A Stochastic Frontier Analysis
( 255 ) The Relationship between Creative Accounting Risks and Auditing Risks from the Perspective of External Auditors in Saudi Arabia
( 256 ) Determinants of Profitability and its Implications on Corporate Values (Studies at Ceramic, Porcelain and Glass Sub Sector Listed in Indonesia Stock Exchange, 2009 - 2018)
( 257 ) Developing a Conceptual Model for Antecedents of Resistance to Change towards Sustainable Construction Practices
( 258 ) Towards a Proposal of a Local Authority Model Based on the Systemic Approach
( 260 ) Interest Rate Ceilings and Financial Exclusion in Kenya: Evidence from Commercial Banks’ Sectoral Credit Distribution
( 261 ) Export- Led Growth Hypothesis for Ghana: A TVAR & TVECM Analysis
( 262 ) Factors Affecting the Capital Structure of the Textile Industry in Bangladesh: An Inferential Study
( 263 ) Corporate Social Responsibility Disclosure in Indonesia: A Bibliographic Study
( 264 ) Deficit Financing Asymmetry and Nigerias Economic Growth: A Nonlinear Autoregressive Distributed Lag Approach
( 265 ) The Dimensions of the Quality Perceived by Users in a Clinical Analysis Laboratory of A University Hospital
( 267 ) A Process Model for Conformance of Health Information Systems: Towards National Interoperability
( 268 ) Likely Effect of Gender and Education on Information Adoption and Utilization among Sugarcane Farmers in the Nyanza Region, Kenya
( 269 ) Change Management and Firm Performance of Selected Deposit Money Banks in Owerri, Imo State, Nigeria
( 271 ) Factors Influencing Audit Expense and Quality in an Emerging Economy: A Study on Bangladesh
( 273 ) Factors Influencing Farmers’ Adoption of Soil Conservation Development
( 274 ) The Contingent Fit between Management Control System and Capabilities on Sustainability Performance
( 275 ) International Financial Reporting Standards Adoption and Earnings Management: The Fundamental Effect Framework
( 276 ) Influence of Corporate Characteristics on Firm Leverage: Evidence from Bangladesh
( 277 ) The Impact of Merger and Acquisition on the Financial Performance of the Nasdaq Listed Small Size Technology Companies
( 278 ) Factors Affecting Profitability of General Insurance Companies in Indonesia
( 280 ) Panel Data Estimators in the Presence of Serial and Spatial Correlation with Panel Heteroscedasticity: A Simulation Study
( 281 ) An Empirical Investigation of the Impact of FDI, Export and Gross Domestic Savings on the Economic Growth in Bangladesh
( 282 ) Exploring the Linkages between Remittances, Economic Growth and Poverty: Empirical Evidence from Pakistan
( 284 ) The Nexus between Financial Crisis and Household Consumption: Evidence from Emerging Countries
( 287 ) A Brief Survey of the House Allocation Problems
( 290 ) Earnings Management and Stock Market Returns
( 294 ) Moderating Effects of Project Management Experience, Project Team Size, Project Duration and Project Value Size on the Relationship between Project Manager’s Leadership Roles and Project Team Effectiveness in Malaysia
( 296 ) Determinants of Share Price Movement in Nigeria -The Management Perspective
( 298 ) A Negative Rational Pigs Game and its Applications to Website Management
( 300 ) Africa's Human Capital Development: Is Public Finance Management an Effective Strategy?
( 301 ) Activity Cost Management and its Effect on Enterprise Productivity
( 302 ) Determinant Analysis of Productivity on Rice Management in Indonesia
( 303 ) Management of The CFA Franc: What are the Fundamentals of the Real Exchange Rate in West African Economic and Monetary Union (WAEMU)?
( 307 ) Risk Management and Shareholders’ Wealth Maximization
( 312 ) Kuala Lumpur Urban Biodiversity: Birds Community in Urban Public Parks
( 316 ) Republic of Zimbabwe National Water Policy: A Desk Review of the Gaps between the Policy and Its Implementation
( 318 ) Managing Public Perception towards Local Government Administration
( 319 ) The Effect of Public Debt on Domestic Product and Unemployment (An Empirical Study on the Palestinian Economy)
( 320 ) Panel Data Analysis of the Impact of Economic Freedom as Well as Economic Conditions, The Quality of Life, and Public Education Spending on U.S. Undocumented Immigrant Settlement Patterns