Question
Do you agree that voters are typically quite ignorant of politics and public policy? If so, do you understand why economists consider this ignorance to
Do you agree that voters are typically quite ignorant of politics and public policy? If so, do you understand why economists consider this ignorance to be perfectly rational from the point of view of the voters?
Do you see evidence of this ignorance in our society?
Also, do you understand how "concentrated benefits" and "diffuse costs" of public policies can distort those policies so that their costs are greater than their benefits for the overall society and yet are put into effect anyway?
Again, do you see evidence of this effect in our public policies? Give a specific example or two.
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