Most – and least – bang for your buck

David Nolan cactusHow do we Libertarians most effectively allocate our limited resources? Suppose you have $100 to contribute to aiding the cause of liberty. How should you spend that $100? One obvious answer is to donate it to the Libertarian Party – at the national, state or local level.  Another is to contribute to the campaigns of Libertarian candidates you particularly favor.  All of those options make sense.

Here’s one that doesn’t: contributing to the campaign of a Republican candidate who’s a sure loser, and will spend more than $100 for each vote he’s likely to receive.

Peter Schiff is a libertarian-leaning Republican who is in a three-way race for the GOP nomination for U.S. Senate.  He received the support of only 3% of the delegates at the CT GOP state convention, and recent polls show him at  7%-13%.  About 200,000 people are expected to vote in the GOP primary, which means that Schiff will receive 14,000 to 26,000 votes.  He has currently raised about $3.3 million, so even if he gets 26,000 votes, he will have spent $127 per vote.

So, whatcha gonna do with that $100?  Use it to support the Libertarian Party and its candidates, or buy a bit less than one vote for a losing candidate of another party?  In my book, the answer is obvious.

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Update 8/11 – Final totals are not yet certain, but Schiff received approximately 28,000 votes out of 125,000 cast, at a cost of $110-$120/vote.  The winner, Linda McMahon, spent more than $300 for each vote she received!