July 27, 2007

Irrational Voters?

For several years, a consensus has been forming among academics and intellectuals that the democratic process isn't working. Politicians adopt policies harmful to constituents. Special interests have taken over. Voters are ignorant of the issues.

Bryan Caplan disagrees. Democracy does work, he says — too well. In his new book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (Princeton University Press), Caplan, an associate professor of economics at

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