We have seen the future, and it sucks.

What Price the Court of St. James? Or How Much for a Plum Ambassadorship?

7th February 2013

Read it.

The headline is taken from an amusing study by two Pennsylvania State University economists who calculate the implied price in terms of presidential campaign contribution of desireable ambassadorships. The subtitle explains it all: “Political Influences on Ambassadorial Postings of the United States of America.” Interestingly, it appears that the current ambassador got the job on the cheap side (see below).

The best government money can buy.

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