Voting for misperceptions - Mercedes-Benz Forum

 
LinkBack Thread Tools Display Modes
post #1 of 2 (permalink) Old 11-07-2006, 07:01 PM Thread Starter
BenzWorld Elite
 
Date registered: Sep 2004
Vehicle: 95 E300
Location: Inside my head
Posts: 36,850
Mentioned: 0 Post(s)
Quoted: 392 Post(s)
(Thread Starter)
Voting for misperceptions

The Myth of the Rational Voter


by Bryan Caplan
Lead Essay
November 6th, 2006
There's an election tomorrow. Do voters know what they're doing? According to the typical economist — and many political scientists — the answer is "No, but it doesn't matter." How could it not matter? The main argument is that the public's errors cancel out.[1] For example, some people underestimate the benefits of immigration, and others overestimate the benefits. But as long as the average voter's belief is true, politicians win by promoting immigration policies based on the facts.

This story is clearly comforting, but is it correct? Are the average voter's beliefs true? In The Myth of the Rational Voter, my forthcoming book with Princeton University Press, I review a large body of evidence and conclude that the answer is definitely no. Like moths to the flame, voters gravitate to the same mistakes. They do not cancel each other out; they compound.

In my book, and in this essay, I focus on the public's mistaken beliefs about economics. Partly, this is because I am an economist, but mainly it is because economics is such a clear example of a subject that is politically important ("It's the economy, stupid,") yet poorly understood. I suspect that the public's errors extend far beyond economics. There is convincing evidence that the public holds systematically biased beliefs about toxicology and cancer.[2] In foreign policy, similarly, we have the "rally round the flag" effect, the public's tendency to support wars as soon as they have been declared. But even if the average voter perfectly understood every non-economic subject, misconceptions about economics by themselves would pose a serious problem for democracy.

MUCH, much more at: http://www.cato-unbound.org/2006/11/...ational-voter/
Botnst is offline  
Sponsored Links
Advertisement
 
post #2 of 2 (permalink) Old 11-07-2006, 07:04 PM Thread Starter
BenzWorld Elite
 
Date registered: Sep 2004
Vehicle: 95 E300
Location: Inside my head
Posts: 36,850
Mentioned: 0 Post(s)
Quoted: 392 Post(s)
(Thread Starter)
Interesting referenced source of stats used by the article, above.

http://www.kff.org/kaiserpolls/1001-welftbl.cfm
Botnst is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
     
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode



    Similar Threads
    Topic Author Forum Replies Last Post
    New Voting Law Proposal Qubes Off-Topic 25 08-17-2006 08:45 AM
    Voting Botnst Off-Topic 0 10-15-2005 01:02 PM
    W. voting for Kerry? djugurba Off-Topic 1 10-27-2004 11:02 AM
    Hurricane voting? djugurba Off-Topic 1 09-30-2004 12:55 PM
    OT: Who are you voting for? 2000ML320SUV W163 M-Class 54 10-09-2003 01:11 PM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On

     

    Title goes here

    close
    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome