One major problem with most invocations of the precautionary principle is that people tend to apply it to whatever danger they want to prevent, but largely ignore it in considering the potential dangers created by the policies they advocate. For example, Dick Cheney applied a version of the principle to the threat of terrorism, arguing […]
Archive | Political Ignorance
John Mark Reynolds on Sarah Palin
John Mark Reynolds of the conservative First Things blog has written a detailed chapter by chapter review of Sarah Palin’s Going Rogue. His conclusions, which he summarizes here are similar to mine, an interesting result given that both of us were initially sympathetic to Palin, albeit for partially different reasons: Sarah Palin has not grown […]
“Climategate” and the Social Validation of Knowledge
Recent evidence that prominent climate scientists have tried to intimidate academic journals into not publishing papers submitted by “climate change” skeptics have caused a major brouhaha in the ongoing political battle over global warming. At least some of the scientists in question certainly seem to have put ideology above the search for truth. The effort […]
In (Limited) Praise of Right-Wing Populism
I am no fan of populism of either the left or right-wing variety. In my view, most populist movements exploit voter ignorance and irrationality to promote policies that tend to do far more harm than good. That said, I have been pleasantly surprised by the right-wing populist reaction to the economic crisis and Obama’s policies. […]
Palin, Ignorance, and Stupidity Revisited
Longtime readers may recall that I was initially positive about Sarah Palin because her record was much more libertarian than that of most other major national politicians. Later, I had to reassess my view of Palin, as her ignorance of many important policy issues became apparent. But I also emphasized that ignorance is not the […]
President Obama is not a jihadi
A local controversy here in Colorado involves an auto dealer who used the billboard on his property to ask the question “PRESIDENT or JIHAD?” The rest of the billboard attempts (not very successfully in my view) to connect this question to the issue of Obama’s birth certificate. Last night I was briefly interviewed about the […]
Paternalism and Slippery Slopes
Advocates of the “new paternalism” (sometimes also called “libertarian paternalism”) argue that carefully calibrated government interventions can help consumers avoid mistakes caused by their own cognitive biases. In this interesting new article, economist Mario Rizzo and legal scholar Glen Whitman argue that new paternalist policies are vulnerable to slippery slopes that will extend them far […]
Repeating the Mistakes of the Mortgage Crisis
The Federal Housing Administration seems intent on repeating one of the key policy errors that played a major role in causing last year’s financial crisis. One of the main causes of the mortgage crisis that led to the broader financial crisis of 2008 was government subsidization of risky mortgages for people who were unlikely to […]
Pitfalls of Paternalism
In recent years, advocates of paternalistic policies, such as economist Richard Thaler, argue that government-appointed experts should limit the choices available to consumers in order to prevent them from making poor decisions because of ignorance or cognitive bias. After all, they claim, experts are likely to know better than ordinary consumers which products are too […]