Tag: Rational Ignorance
In public choice theory, “rational ignorance” refers to the choice not to inform oneself on some issue when the costs of doing so outweigh the benefits — in particular, when they outweigh the likelihood of one’s vote influencing the outcome of an election or one’s political pressure influencing a politician’s decisions. It also makes sense…
In my recent op-ed, P. Diddy as the Rational Voter, I made a mistake. I haven’t read Bryan Caplan’s The Myth of the Rational Voter. I have seen a presentation by Caplan on the book, read numerous blog posts by him and have heard his argument restated by other libertarians. In my op-ed, I was going on…