Published on X PRIZE Foundation (http://www.xprize.org)
The Myth of the Rational Voter
By Tom Vander Ark
Created 01/06/2008 - 03:00

If you appreciate the importance of free markets to innovation and entrepreneurship, then you may be disturbed by the protectionist rhetoric espoused by some of the presidential candidates...even Republicans. 

Bryan Caplan explains the irrationality of voters in his new book, The Myth of the Rational Voter, and makes a well supported claim that this is key to a realistic picture of democracy. 

Chapter 2 is particularly useful as you watch the debates.  It points out pervasive antimarket bias, antiforeign bias (e.g., immigation), make-work bias (i.e., jobs over prosperity), and pessimistic bias.

It's dense but worth paging through on your next flight.  Read the first two chapters and the conclusions of the other six.  And, take the next few months with a grain of salt.

Bookmark/Search this post with:
  • Delicious [1]
  • Digg [2]
  • StumbleUpon [3]
  • Propeller [4]
  • Reddit [5]
  • Magnoliacom [6]
  • Newsvine [7]
  • Furl [8]
  • Facebook [9]
  • Technorati [10]

Source URL: http://www.xprize.org/blogs/tom-vander-ark/the-myth-of-the-rational-voter

Links:
[1] http://del.icio.us/post?url=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&title=The+Myth+of+the+Rational+Voter
[2] http://digg.com/submit?phase=2&url=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&title=The+Myth+of+the+Rational+Voter
[3] http://www.stumbleupon.com/submit?url=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&title=The+Myth+of+the+Rational+Voter
[4] http://www.propeller.com/submit/?U=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&T=The+Myth+of+the+Rational+Voter
[5] http://reddit.com/submit?url=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&title=The+Myth+of+the+Rational+Voter
[6] http://ma.gnolia.com/bookmarklet/add?url=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&title=The+Myth+of+the+Rational+Voter
[7] http://www.newsvine.com/_tools/seed&save?u=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&h=The+Myth+of+the+Rational+Voter
[8] http://www.furl.net/storeIt.jsp?u=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&t=The+Myth+of+the+Rational+Voter
[9] http://www.facebook.com/sharer.php?u=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter&t=The+Myth+of+the+Rational+Voter
[10] http://technorati.com/cosmos/search.html?url=http%3A%2F%2Fwww.xprize.org%2Fblogs%2Ftom-vander-ark%2Fthe-myth-of-the-rational-voter