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The author is witty and knowledgeable, so I was entertained reading this book, but I'm not sure that he had a point.
Caplan explores four systematic biases voters hold against good economic policy - antimarket bias, antiforeign bias, make-work bias, and pessimistic bias.
D. in economics (in fact, she needs to be a libertarian economist!), the outcome of democracy will not be efficient.
The main argument of this book can be summarized as follows: people have preferences over beliefs --> satisfying such preferences is (almost) free --> people rationally choose to... Read morePublished 4 months ago by Alejandro Gaviria
Great book. This should be an inspiration to all those who know a bit of economics to try to inform and educate others, and to learn more themselves. Read morePublished 4 months ago by Adam
This book is the perfect antidote to populist progressivism's perpetual push for ever more powerful and intrusive government. Read morePublished 4 months ago by Laurence C. Berg
Caplan wrote on his blog on the occasion of his 40th birthday, a list of the "40 Things I Learned in My First 40 Years".
"7. Read more
This book is not thrilling, but it is essential reading, especially for Democrats. It shows that people do not vote on the basis of their own self-interest, but on the basis of... Read morePublished 11 months ago by Anne Mills
Caplan drives home the message that economists are not politicians and politicians are not economists. Read morePublished 14 months ago by T. Glazier
This book does an excellent job explaining why voters vote the way they do, and goes further to get the reader thinking about how society could be better if the right perspective... Read morePublished 15 months ago by Flodon
Most of the benefit of the book comes from the title and the introductory material.
After that, it's downhill. Read more