Tag Archives: Public Choice

Voting, cheering, and exploitation

In his little book ‘Game Theory: A Very Short Introduction‘ Ken Binmore writes: Real people seldom think rational thoughts about whether to vote or not. Even if they did, they might feel that going to the polling booth is a … Continue reading

Posted in Economics, Voting | Tagged , , , , , | Comments Off on Voting, cheering, and exploitation

Animal spirits in public policy

In the Summer 2009 issue of the Independent Review, Arnold Kling reviews George A. Akerlof and Robert J. Shiller’s new book Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. Reading his review, one … Continue reading

Posted in Economics, Politics | Tagged , , , , , , | Comments Off on Animal spirits in public policy