Posted by Ilya Somin:
Ignorance vs. Stupidity:
http://volokh.com/archives/archive_2007_07_15-2007_07_21.shtml#1184642389


   Whenever I write about the dangers of political ignorance, some people
   misinterpret me as claiming that ordinary voters are "stupid;"
   occasionally, I am even accused of having "contempt" for them.

   This is an understandable mistake. However, it ignores the important
   distinction between ignorance and stupidity. My argument is not that
   voters know too little about politics because they have low
   intelligence and thereby behave irrationally. To the contrary, my
   claim is that investing little or no time in learning about politics
   is perfectly rational and intelligent behavior for most individual
   voters. I have made this claim (which in its basic form is not my
   original idea) in all my academic writings on political ignorance,
   most recently [1]here. Because an individual vote has almost no chance
   of determining the outcome of an election, a person whose only reason
   to acquire political information is to make sure that the "best"
   candidate wins is quite rational to invest very little time in
   learning such information.

   We are all inevitably ignorant about a vast range of matters because
   they don't interest us much, and because we have little or no
   incentive to learn about them. For most people, politics falls into
   that category. The same goes for many other matters, such as
   theoretical physics or - for me - many parts of [2]pop culture.
   Unfortunately,political ignorance is a classic example of a situation
   where rational and intelligent behavior by individuals leads to poor
   collective outcomes. It is a collective action problem similar in
   structure to that which causes air pollution or overuse of [3]common
   pool resources.

   Various arguments can be made against my thesis, and I have tried to
   address them in my writings. However, it is not correct to argue that
   my claims are based on the assumption that ordinary voters are
   "stupid" or on "contempt" for them. To the contrary, the assumption is
   that they are rational and that their ignorance is primarily the
   result of perfectly intelligent decisions about how best to allocate
   their time and effort, not stupidity.

References

   1. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=916963
   2. http://volokh.com/posts/1182296075.shtml
   3. http://en.wikipedia.org/wiki/Common-pool_resource

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