I dunno: the last sentence of the abstract of [2] is: > A better understanding of voter irrationality advises us to rely less on democracy and more on the mark

I dunno: the last sentence of the abstract of [2] is: > A better understanding of voter irrationality advises us to rely less on democracy and more on the market. To my mind this immediately brings up the question of why people who are irrational voters would be expected to be rational economic actors. - - - - ...Ah! I just looked at it again and saw the sub-heading: "Cato Institute Policy Analysis Series No. 594" PLONK!