Worldviews are more a mental security blanket than a serious effort to understand the world
Bryan CaplanLet us designate anarchism1 anarchism as you define it. Let us desiginate anarchism2 anarchism as I and the American Heritage College Dictionary define it.
Bryan CaplanThere 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 CaplanThere are two sources of error: Either you lack sufficient data, or you fail to take advantage of the data that you have.
Bryan CaplanThe 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