"Economists have long tended to appreciate ranked‐choice voting because it offers a way to capture and integrate into decision‐making much richer information about voter preferences. Importantly, it reduces the chance that a candidate with a committed base but who lacks appeal to most voters will slip through in a crowded field. And it reduces if not eliminates the role of “spoiler” candidates, often encountered in today’s first‐past‐the‐post system.
It also should hold a lot of attraction, I believe, for those of us with libertarian views. It allows casting a conscience vote for the long‐shot candidate who is genuinely best without throwing away the chance to influence the ultimate decision. Moreover, libertarians tend to be aware that the so‐called political spectrum does a poor job of capturing important facts about candidates; the ones we recognize as best (or worst) on matters of liberty and the rule of law do not necessarily line up neatly along a party spectrum. For libertarians, as for other groups, RCV respects and incorporates the complexity of actual voter preferences." Read more.
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