This essay applies some of the key insights in Bryan Caplan's "The Myth of the Rational Voter." We discuss the relevance of cheap signals in political systems as well as the relevance of ideas in public policy with 'rationally irrational' voters. We add a fifth bias, 'stick-it-to-the-man bias',...

We summarise Bryan Caplan's defence of economists from "The Myth of the Rational Voter", in which he argues that economists undersell the benefits of markets. We also elaborate on his conclusions and discuss applications to specific topics, such as the minimum wage, as well as how Caplan's...

In the last ten years economists have become interested in the role of online security in promoting online commerce. This paper reviews the literature, with a focus on the role of incentives in creating and solving security problems, as well as discussion of the scale of the problem, and...