In yet another extremely fair review of my book, Jason Furman ends with a confession:
Although largely immune to the widespread biases about economic issues that Caplan attributes to the unwashed masses, I find that I suffer from what he calls “Democratic fundamentalism” – an irrational and unshakable faith in broad-based participatory democracy, a faith that was not budged by reading 209 pages of reasonably convincing evidence and theory to the contrary.
So here’s my question for Jason (and anyone with a similar reaction): What more would I have to do to shake your faith? Do I need a stronger factual argument? Do I need to go after democratic values, as in Nozick’s Tale of the Slave? Do I need to build a new social network to compensate for the one I’m undermining, as Larry Iannaccone might argue?
In short, to use a classic salesman’s question: “What would it take to get you to abandon democratic fundamentalism today?” Make me an offer, I’m all ears.
The post appeared first on Econlib.
Maybe it just boils down to "what's your alternative"? Democracy has all kinds of practical and theoretical/moral issues, but it still seems like the least bad option. Disclaimer: I haven't read all Bryan's writings on this.
What is the summary of your position? I feel like I'm late to an old argument...