All Posts Tagged With: "anti-market bias"

State-Mandated Thinking

Is this statement true? “If SpongeBob SquarePants is the mayor of Minneapolis, then Napoleon lost the Battle of Waterloo.” It is. On the other hand, this is not: “If Napoleon lost the Battle of Waterloo, then Spongebob Squarepants is the Mayor of Minneapolis.” Confused? Welcome to our government-school curricula. In the July/August 2011 issue of [...]

4Jan2012 | Peter McAllister | 6 comments | Continued

A Democracy of Dunces

When pro-free-market critics of democracy explain why laissez faire is not a winning election issue, they usually say that voters have no incentive to research economic policy because one vote won’t sway the election and the expected payoff to any individual voter is infinitesimal. So, quite rationally, they vote on other bases. This “rational ignorance” [...]

1Nov2007 | Sheldon Richman | 2 comments | Continued
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