Thursday, August 20, 2009

Sigh...

"A peculiar feature of beliefs about politics, religion, etc. is that the private repercussions of error are virtually nonexistent, setting the private cost of irrationality at zero; it is therefore in these areas that irrational views are most apparent. "
From Rational Ignorance vs. Rational Irrationality by Bryan Caplan, Department of Economics
and Center for the Study of Public Choice, George Mason University

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