“Summing up: Correctly interpreted, the simple economic model specifically predicts that people will be less selfish as voters than as consumers. Indeed, like diners at an all-you-can-eat buffet, we should expect voters to “stuff themselves” with moral rectitude. Once again, analogies between voting and shopping are deeply misleading.” – Bryan Caplan, The Myth of the Rational Voter: Why Democracies Choose Bad Policies
The Editors’ Quote of the Day:
