(Answered)-The idea of term limits for elected legislators and for chairs of - (2025 Updated Original AI-Free Solution

Question

1. The idea of term limits for elected legislators and for chairs of legislative committees has been hotly debated for a quarter of a century (while, of course, presidents have been term-limited since ratification of the Twenty-second Amendment in 1951). In light of the principal-agent framework discussed in this chapter, how might you attack the idea of term limits? How would you defend it? Do the same arguments make sense for bureaucrats??