The myth of the rational voter is an excellent book, and I think someone should write an article on the basics for the wiki at some point.
I would like to point out that Caplan’s reasoning applies specifically to people’s economic illiteracy about policy, rather than econ as it applies to their own lives.
“The myth of the rational voter”, Bryan caplan, has a lot more to say on econ illiteracy.
The myth of the rational voter is an excellent book, and I think someone should write an article on the basics for the wiki at some point.
I would like to point out that Caplan’s reasoning applies specifically to people’s economic illiteracy about policy, rather than econ as it applies to their own lives.