Reed Hastings is one of the world's foremost business leaders. As co-founder, chairman and CEO of Netflix, he has built one of the largest media and entertainment companies on the planet, with an estimated personal net worth of

Many scholars argue that "retrospective voting" is a powerful information shortcut that offsets widespread voter ignorance. Even relatively ignorant voters, it is claimed, can punish incumbents for bad performance and reward them if things go well. But if voters' understanding of which officials...