...voters have incentives to be “rationally ignorant” about politics because the extremely low chance that any one vote will be decisive means that there is little payoff to acquiring additional knowledge.I suppose FAUX News and Fats Limbaugh only help his argument, which in the end seems to be little more than that we should all trust in the Free Market Fairy.
Sunday, November 07, 2010
ILYA SOMIN: POLITICAL IGNORANCE IS RATIONAL
Somin blogs at The Volokh Conspiracy and has argued that political ignorance is rational:
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