Bryan Caplan - The Idea Trap

[gusl]

The Idea Trap, by Bryan Caplan, via MR

Caplan argues that there is a positive feedback loop: populations tend to support sensible ideas when things are going well. Just like things need to be really bad for a communist revolution to happen, free-market ideas will only come when populations are happy enough to think clearly. According to Caplan, countries break out of bad loops more or less by luck.

Comments

[literalgirl.livejournal.com]

Just a bit of irony. Your post turns up directly next to this comic in my Friends list. :-)