The Myth of the Rational Voter — Why Democracies Choose Bad Policies
This episode of Crisis in Perception explores The Myth of the Rational Voter by economist Bryan Caplan, a challenge to the idea that democratic failures stem mainly from ignorance.
Caplan argues that voters often hold systematically biased beliefs because the personal cost of being wrong is low. This creates a paradox where emotionally comforting ideas dominate public discourse, pushing policy away from evidence-based outcomes.
The episode examines rational irrationality, voter bias, and why democratic incentives often reward bad policies.
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