Bryan Caplan

“The heralded social dividends of education are largely illusory: rising education’s main fruit is not broad-based prosperity, but credential inflation”

― Bryan Caplan

"In daily life, reality gives us material incentives to restrain our irrationality. But what incentive do we have to think rationally about politics?"

― Bryan Caplan

"The best social insurance is to make more progress, not to make more work."

― Bryan Caplan

"There are two sources of error: Either you lack sufficient data, or you fail to take advantage of the data that you have."

― Bryan Caplan

"The use of force is easy to rationalize in terms of basic economics. 'We should make them PAY for what they've done!' It's just the law of demand: raise the price of crossing us, and fewer people will cross us. Make the price another Hiroshima, and perhaps the quantity demanded will fall to zero."

― Bryan Caplan

"Sociotropic voters with biased economic beliefs are more likely to produce severe political failures than are selfish voters with rational expectations."

― Bryan Caplan

"If you can't feel secure - and teach your children to feel secure - about

1-in-610,000 nightmare scenarios - the problem isn't the world. It's you."

― Bryan Caplan

"In a modern democracy, not only can a libertarian be elitist; a libertarian has to be elitist. To be a libertarian in a modern democracy is to say that nearly 300 million Americans are wrong, and a handful of nay-sayers are right."

― Bryan Caplan