The Myth of the Rational Whatever
George Mason University economist and blogger Bryan Caplan has a new book out called The Myth of the Rational Voter. I haven't actually seen a copy yet, but I have read about it.
This news is making myself kick myself even harder than I usually do, because I have a long-delayed book due out a year from now called The Myth of the Rational Market (Amazon still lists it by its old name, The Myth of the Rational Investor). If I'd just finished it earlier it could have been marketed with Bryan's as a packaged set. We could have gone on book tour together. We could have shared the cost of bodyguards to fend off our legions of teen-aged fans. What a missed opportunity!
All of which means I'm thrilled to announce that Bryan and I will be collaborating on our next book project, Good Times: Why Absolute Monarchy and the Feudal Economy Weren't So Bad After All.
Update: Professor Caplan appears to be having second thoughts.
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You should read it... actually... i's a great insight into just how badly a theoretician can be unhinged from reality. And just what a danger it can be if he's left in charge of public policy. Caplan's book is full of illogical and contradictory arguments, mangled terms, cultural prejudice, and a whole lot of other weaknesses. It's also pretty scary when you really think about what he is arguing for. Like a lot of cloistered academics, he's hermetically sealed inside his own thinking and theories, and totally unhinged from the real world... past and present. I won't recap the whole list of objections here... but it's on my site. (literalmayhem.com)
- foxjust About to walk to LA Public Library for this http://bit.ly/7LgRu6 Am told only a nobody walks in LA - 1 day ago
- foxjust just took first ride on LA metro. Totally disorienting not to have car to park here - 2 days ago
- foxjust Thanks to Bama fans for reminding us we needed to buy TP! (Turns out we're fine on detergent). Oh, and nice game #ironbowl - 1 week ago
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