Remember that thing about framing?

Fox News headline this morning: "Obama's Debt Reduction Plan: TAX HIKES". (Caps theirs.)

People Are Ignorant. Big Deal...Right?

In my previous three posts, I wrote about the fact that people generally don't know much about politics, though there is variance, and I wrote about why people know what they know. Basically, learning about politics takes effort, so people only know the things that are the easiest to learn about, which isn't much.

Okay, so people don't know much about politics, and we have some idea why. Today and next time, I'll look at whether it actually matters. In particular, I'll look at whether individuals and societies can make good decisions in spite of their ignorance. Roughly, there are three arguments: