So you went from only one or so percent of the population are capable of political thought to democratic voters being rational as a whole to own Keith Woods? 🤡
No I'm working on stuff regarding political agency. I think voters can be modeled as very high time preference and political agency is essentially political time preference (at least the first component). Voters are not very intelligent but they are mostly consistent.
You can be rational yet still make bad / sub optimal choices. There is a big difference between someone making random moves and making bad moves. A person that is making bad moves will consider proposed moves from a better player.
He was talking about political consistency not agency, did you even read his post?
You can have a democracy with poor outcomes regarding performance and leadership, but if the voting patterns are stable that outcome will remain constant, just take a look at some economic graphs of the U.S from the past century or so.
I think I speak for a few when I say we could do with more Joseph Bronskis!
So you went from only one or so percent of the population are capable of political thought to democratic voters being rational as a whole to own Keith Woods? 🤡
No I'm working on stuff regarding political agency. I think voters can be modeled as very high time preference and political agency is essentially political time preference (at least the first component). Voters are not very intelligent but they are mostly consistent.
So essentially that most people aren’t capable of voting with any other motivations than immediate self interest, no?
You can be rational yet still make bad / sub optimal choices. There is a big difference between someone making random moves and making bad moves. A person that is making bad moves will consider proposed moves from a better player.
He was talking about political consistency not agency, did you even read his post?
You can have a democracy with poor outcomes regarding performance and leadership, but if the voting patterns are stable that outcome will remain constant, just take a look at some economic graphs of the U.S from the past century or so.
So democracy is based. Shit.
No reference here to Bryan Caplan's 'The Myth of the Rational Voter'?
Democracy is responsive in a very limited sense. The reality is that, per Robert Michels, democracy is subject to the Iron Law of Oligarchy.