August 11, 2026

Reading right now: “The Myth of the Rational Voter: Why Democracies Choose Bad Policies.”

Lately, I’ve not had a lot of time to read. But when I have had time, I’ve enjoyed reading the wonkish and pointed “The Myth of the Rational Voter” by Bryan Caplan. It’s an economist’s look at why, as the sub-title says, voters tend to support bad public policies. The reason, Caplan argues, is not […]

“I have often wondered why economists, with these absurdities all around them, so easily adopt the view that men act rationally.”

“I have often wondered why economists, with these absurdities all around them, so easily adopt the view that men act rationally.  This may be because they study an economic system in which the discipline of the market ensures that, in a business setting, decisions are more or less rational.  The employee of a corporation who […]

Do you really need all that education?

And now for something completely different, let’s ask ourselves the question: DO YOU REALLY NEED ALL THAT EDUCATION? Arnold Kling doesn’t necessarily think so. Rather, education just separates the “wheat from the chaff. ” There’s a great debate going on between a some economists over at Econlog.com.  Their question? Does more education endows more benefit, or is […]