Barack Obama, Our Hipster President

Townhall.com Staff
Townhall.com Staff
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Posted: Apr 02, 2015 12:28 PM
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In economic theory, "signaling" is an action one party takes that has, superficially, no plausible economic explanation. The reason the action is undertaken isn't because the action itself is helpful, but because the action transmits important information to a second actor.
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