The myth of the rational voter: why democracies choose bad policies

Book Cover
Average Rating
Publisher:
Princeton University Press,
Pub. Date:
c2007.
Language:
English
Description

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.

More Details
ISBN:
9780691129426
Also in this Series
More Like This
Reviews from GoodReads
Loading GoodReads Reviews.
Staff View

Grouping Information

Grouped Work ID 1c04dd12-385b-7d9e-82e0-09b0ff0ee302
full_title myth of the rational voter why democracies choose bad policies
author caplan bryan douglas
grouping_category book
lastUpdate 2017-08-14 05:04:23AM

Solr Details

_version_ 1575968395470307328
accelerated_reader_interest_level
accelerated_reader_point_value 0
accelerated_reader_reading_level 0
author Caplan, Bryan Douglas, 1971-
author-letter Caplan, Bryan Douglas,
author_additional Bryan Caplan.
author_display Caplan, Bryan Douglas
availability_toggle_arlington Available Now, Entire Collection
available_at_arlington Central
callnumber_sort_arlington 320.6 CAPLA
collection_arlington Adult Nonfiction
date_added 2011-01-26T05:00:00Z
days_since_added 2395
detailed_location_arlington Central Adult Nonfiction
display_description "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. 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 American's voting behavior and opinions on a range of economic issues, he makes the 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 ways to make democratic government work better.
format_arlington Book
format_boost 10
format_category_arlington Books
grouping_category book
id 1c04dd12-385b-7d9e-82e0-09b0ff0ee302
isbn 9780691129426
item_details ils:.b13000202|.i1349241x|Central Adult Nonfiction|320.6 CAPLA|||1|false|false|||||On Shelf|May 22, 2017|can||
itype_arlington Hardback
language English
language_boost 10
language_boost_es 1
lexile_score -1
lib_boost_arlington 50
literary_form Non Fiction
literary_form_full Non Fiction
local_callnumber_arlington 320.6 CAPLA
local_callnumber_exact_arlington 320.6 CAPLA
local_callnumber_left_arlington 320.6 CAPLA
local_days_since_added_arlington 2395
num_holdings 1
oclc (OCoLC)71581737
owning_library_arlington Arlington Public Library, Aurora Hills, Central, Cherrydale, Columbia Pike, Connection Crystal City, Detention Center, Glencarlyn, Local History, Plaza, Shirlington, Westover
owning_location_arlington Central
physical x, 276 p. : ill. ; 24 cm.
popularity 5
primary_isbn 9780691129426
publishDate 2007
publishDateSort 2007
publisher Princeton University Press,
rating 2.5
rating_facet oneStar, twoStar
record_details ils:.b13000202|Book|Books||English|Princeton University Press,|c2007.|x, 276 p. : ill. ; 24 cm.
recordtype grouped_work
scope_has_related_records a, arlington, c, d, g, h, o, p, s, u, v, w
scoping_details_arlington ils:.b13000202|.i1349241x|On Shelf|On Shelf|false|true|true|false|false|true|999|||
subject_facet Democracy, Economic policy, Political sociology, Rationalism, Representative government and representation
table_of_contents "Market fundamentalism" versus the religion of democracy --, Acknowledgments --, Beyond the miracle of aggregation --, Classical public choice and the failure of rational ignorance --, Conclusion : In praise of the study of folly --, Evidence from the survey of Americans and economists on the economy --, From irrationality to policy --, Index., Introduction : The paradox of democracy --, Irrationality and the supply side of politics --, Notes --, Rational irrationality --, References --, Systematically biased beliefs about economics --
target_audience Adult
target_audience_full Adult
title The myth of the rational voter : why democracies choose bad policies
title_display The myth of the rational voter : why democracies choose bad policies
title_full The myth of the rational voter : why democracies choose bad policies / Bryan Caplan
title_short The myth of the rational voter :
title_sort myth of the rational voter why democracies choose bad policies
title_sub why democracies choose bad policies