MARC record from Internet Archive

LEADER: 02722cam 22004094a 4500
001 9919680710001661
005 20150423122145.0
008 060921s2007 njua b 001 0 eng
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016 7 $a013699473$2Uk
020 $a9780691129426 (cloth : alk. paper)
020 $a0691129428 (cloth : alk. paper)
035 $a(CSdNU)u299585-01national_inst
035 $a(OCoLC)71581737
035 $a(OCoLC)71581737
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049 $aCNUM
050 00 $aHD87$b.C36 2007
082 00 $a320.6$222
100 1 $aCaplan, Bryan Douglas,$d1971-
245 14 $aThe myth of the rational voter :$bwhy democracies choose bad policies /$cBryan Caplan.
260 $aPrinceton :$bPrinceton University Press,$cc2007.
300 $ax, 276 p. :$bill. ;$c24 cm.
504 $aIncludes bibliographical references (p. [237]-266) and index.
505 0 $aIntroduction. The paradox of democracy -- ch. 1. Beyond the miracle of aggregation -- ch. 2. Systematically biased beliefs about economics -- ch. 3. Evidence from the survey of Americans and economists on the economy -- ch. 4. Classical public choice and the failure of rational ignorance -- ch. 5. Rational irrationality -- ch. 6. From irrationality to policy -- ch. 7. Irrationality and the supply side of politics -- ch. 8. "Market fundamentalism" versus the religion of democracy -- ch. 9. Conclusion. In praise of the study of folly.
520 $a"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
650 0 $aEconomic policy.
650 0 $aDemocracy.
650 0 $aPolitical sociology.
650 0 $aRepresentative government and representation.
650 0 $aRationalism.
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