The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters This is economist Bryan Caplan s sobering assessment in this provocative and eye opening book Caplan argues that voters continually elect politicians who either share their biases or else pretend to, resulting in bad policies winning again and again by popular demand.Boldly calling into question our most basic assumptions about American politics, Caplan contends that democracy fails precisely because it does what voters want Through an analysis of Americans voting behavior and opinions on a range of economic issues, he makes the convincing case that noneconomists suffer from four prevailing biases they underestimate the wisdom of the market mechanism, distrust foreigners, undervalue the benefits of conserving labor, and pessimistically believe the economy is going from bad to worse Caplan lays out several bold ways to make democratic government work better for example, urging economic educators to focus on correcting popular misconceptions and recommending that democracies do less and let markets take up the slack The Myth of the Rational Voter takes an unflinching look at how people who vote under the influence of false beliefs ultimately end up with government that delivers lousy results With the upcoming presidential election season drawing nearer, this thought provoking book is sure to spark a long overdue reappraisal of our elective system. Best Download [ The Myth of the Rational Voter: Why Democracies Choose Bad Policies ] author [ Bryan Caplan ] For Kindle ePUB or eBook – cricketworldcuplivestreaming.com
Bryan Caplan is a professor of economics at George Mason University in Fairfax, Virginia He received his B.S in economics from University of California, Berkeley and his Ph.D from Princeton University His professional work has been devoted to the philosophies of libertarianism and free market capitalism and anarchism He is the author of the Anarchist Theory FAQ He has published in American Economic Review, Public Choice, and the Journal of Law and Economics, among others He is a blogger at the EconLog blog along with Arnold Kling, and occasionally has been a guest blogger at Marginal Revolution with two of his colleagues at George Mason, Tyler Cowen and Alex Tabarrok He is an adjunct scholar of the Cato Institute in Washington, D.C.Currently, his primary research interest is public economics He has criticized the assumptions of rational voters that form the basis of public choice theory, but generally agrees with their conclusions based on his own model of rational irrationality Caplan has long disputed the efficacy of popular voter models, in a series of exchanges with Donald Wittman published by the Econ Journal Watch Caplan outlined several major objections to popular political science and the economics sub discipline public choice Caplan later expanded upon this theme in his book The Myth of the Rational Voter Princeton University Press 2007 , in which he responded to the arguments put forward by Wittman in his The Myth of Democratic Failure.He maintains a website that includes a Museum of Communism section, that provides historical, economic, and philosophical analysis of the political movement known as Communism , to draw attention to human rights violations of which, despite often exceeding those of Nazi Germany, there is little public knowledge Caplan has also written an online graphic novel called A Infernale.
- 276 pages
- The Myth of the Rational Voter: Why Democracies Choose Bad Policies
- Bryan Caplan
- 12 October 2018 Bryan Caplan