“There’s lots and lots and lots in this book that I do not agree with, but as I said, what I like about it enormously is its willingness to stir up grief. It’s not perfect at all…If there is a fundamental insight behind the book it’s more or less as follows: if we look at the last 50 or 60 years of economics, we’ve seen this huge push towards what is called ‘mechanism design.’ This is the idea that you can create these kinds of mechanisms that are going to reveal information and push towards socially optimal outcomes. Mechanism design people think that we can move away from much of the problematic nature of current politics to one where we’re far better able to figure out what it is that people want and to let them get there. Weyl and Posner use this to come up with radical arguments.” Read more...
The Best Books on the Politics of Information