No Treason has written about rational ignorance and rational irrationality before, but it’s instructive and amusing to see what happens when those concepts are presented in a forum with a more mainstream readership:
Some interesting press about a very interesting new book by Bryan Caplan, an economics professor at George Mason University: The Myth of the Rational Voter: Why Democracies Choose Bad Policies.
Have a read through the comment thread there and count the Reason Magazine weblog commenters who are doing their damndest to wish away those two concepts. You’d think that once those ideas were presented, they would pretty much spell the end of the libertarian movement.
Then again, people pay no penalty for ignoring those ideas…
Tip: Jay Jardine