| reckless intuitions of an epistemic hygienist ( @ 2005-10-18 20:08:00 |
| Entry tags: | econ, public_opinion |
Bryan Caplan - The Idea Trap
The Idea Trap, by Bryan Caplan, via MR
Caplan argues that there is a positive feedback loop: populations tend to support sensible ideas when things are going well. Just like things need to be really bad for a communist revolution to happen, free-market ideas will only come when populations are happy enough to think clearly. According to Caplan, countries break out of bad loops more or less by luck.