Bryan Caplan quotes
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“In daily life, reality gives us material incentives to restrain our irrationality. But what incentive do we have to think rationally about politics?”
-- Bryan CaplanSource : Bryan Caplan (2008). “The Myth of the Rational Voter: Why Democracies Choose Bad Policies (New Edition)”, p.206, Princeton University Press
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“There is a small minority of well-educated people with relatively sensible views on economics, and an extremely tiny minority of economists with highly sensible views. Then there's everybody else. ... To win, a politician needs to please the median voter. It makes little difference if a few thousand economists think you a fool.”
-- Bryan Caplan -
“Let us designate anarchism1 anarchism as you define it. Let us desiginate anarchism2 anarchism as I and the American Heritage College Dictionary define it.”
-- Bryan Caplan -
“In a modern democracy, not only can a libertarian be elitist; a libertarian has to be elitist. To be a libertarian in a modern democracy is to say that nearly 300 million Americans are wrong, and a handful of nay-sayers are right.”
-- Bryan CaplanSource : "The Mirage of Libertarian Populism". econlog.econlib.org. November 12, 2006.
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“The best social insurance is to make more progress, not to make more work”
-- Bryan Caplan -
“Sociotropic voters with biased economic beliefs are more likely to produce severe political failures than are selfish voters with rational expectations.”
-- Bryan Caplan -
“There are two sources of error: Either you lack sufficient data, or you fail to take advantage of the data that you have.”
-- Bryan Caplan -
“Worldviews are more a mental security blanket than a serious effort to understand the world”
-- Bryan CaplanSource : Bryan Caplan (2011). “The Myth of the Rational Voter: Why Democracies Choose Bad Policies”, p.116, Princeton University Press
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“The use of force is easy to rationalize in terms of basic economics. 'We should make them PAY for what they've done!' It's just the law of demand: raise the price of crossing us, and fewer people will cross us. Make the price another Hiroshima, and perhaps the quantity demanded will fall to zero.”
-- Bryan Caplan -
“If you can't feel secure - and teach your children to feel secure - about 1-in-610,000 nightmare scenarios - the problem isn't the world. It's you.”
-- Bryan CaplanSource : "The 'Zero-Probability Fallacy' Fallacy". econlog.econlib.org. January 27, 2010.
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