Continuing my summer streak of reading excellent books, I recently finished Bryan Caplan’s fantastic The Myth of the Rational Voter: Why Democracies Choose Bad Policies. I really like Bryan’s posts over at EconLog, so I’ve been eager to read this book for a long time, and I was not disappointed. Even if you don’t care [...]

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Economics, Reviews by Paul Ganssle

Today, Bryan Caplan gives his second post on why politicians break promises (the first can be found here). I think I agree with his reasoning in the following passage:
In my view, though, the most interesting and important reason why politicians break their promises is that voters have misconceptions about the effects of their favorite policies. [...]

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Politics by Paul Ganssle