MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘voters’

Voters-From Cafe Hayek

Posted by M. C. on September 7, 2019

Quotation of the Day…

by DON BOUDREAUX on SEPTEMBER 5, 2019

in VIRGINIA POLITICAL ECONOMY

… is from page 120 of Thomas Sowell’s monumental 1980 volume, Knowledge and Decisions (original emphasis):

Voters can only choose process characteristics and hope for results. Consumers buy results and leave the process to those with specialized knowledge of such things.

DBx: This important point is so obvious when stated, yet it is ignored almost completely in discussions of democratic decision-making.

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