POLI 243 Lecture Notes - Yes Minister, Cuban Missile Crisis, Main Source

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Last lecture recap: organizations can not always provide rational options. Slippage= the difference between what is rational and what can actually be done (what the organizations are capable of). It is hard to decide if something is actually slippage because sometimes organizations have narrow ideas about what is good for them and choose the irrational decision to better themselves. Chase"s job was to find out how to pay for the military etc . Tariffs were the main source of income for the national government. Chase introduces a promise from the federal government that you will get some form of solid payment in the future but at the moment you will just receive paper. If you want to support the government in its war efforts accept this iou and in the future you will receive something as paper. Congress (pro paper money) vs. president (wary of paper money)

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