What’s Your Vote Worth?

Half of group of NYU students said they’d give up their right to vote forever for $1 million.

My question is, what about the other half?
Let’s say I could earn just 6% per year (after taxes) on $1 million. Isn’t $60,000 in contributions to the party of my choice worth more than my vote?

What about to non-profits dedicated to advancing the causes that I’m essentially voting for in the first place?

I understand the question is about the societal worth of one’s vote as compared to some measure of personal gain, but even if we stay altruistic, shouldn’t one make the trade in every case?

[Via Kottke]

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2 Comments

  1. Jake
    Posted March 10, 2008 at 11:01 am | Permalink

    I reckon if you’re in Manhattan, $1million is too low. That $60 000 will barely cover your rent on a one bedroom in the village.

    • Posted March 10, 2008 at 12:05 pm | Permalink

      Haha… that’s for sure. But one might assume these students, altruistic as they are, would give all of their earnings on that million to their party/candidate of choice.

      If they’re in Manhattan now, in other words, then they’re paying rent without a million dollars, one way or the other.

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