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The Myth of the Rational Voter: Why Democracies Choose Bad Policies

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The Myth of the Rational Voter: Why Democracies Choose Bad Policies
Topic: Politics and Law 11:49 am EDT, May 27, 2007

A supporter once called out, “Governor Stevenson, all thinking people are for you!” And Adlai Stevenson answered, “That’s not enough. I need a majority.”

The central idea of this book is that voters are worse than ignorant; they are, in a word, irrational—and vote accordingly.

This book has three conjoined themes. The first: Doubts about the rationality of voters are empirically justified. The second: Voter irrationality is precisely what economic theory implies once we adopt introspectively plausible assumptions about human motivation. The third: Voter irrationality is the key to a realistic picture of democracy.

The Myth of the Rational Voter: Why Democracies Choose Bad Policies



 
 
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