Monthly Archives: June 2017

Democracy and Political Ignorance

I’m in the process of reading a fascinating book on the political process, and the lack of rationality in democracies. The book is Democracy and Political Ignorance: Why Smaller Government Is Smarter, by Ilya Somin. While the American experiment in democratic government has always recognized the dangers of mob rule and populist manipulation, our understanding of these issues has sharpened in recent years as political scientists dissect the issues of education, influence, class, gender, and race on voting – the core act of creating a government.

For many Americans, there is no more apt time than now to be thinking about these issues. Well, perhaps two years ago would have been more apt.

I can tell you in advance that I find the subtitle provocative. I don’t ‘believe’ in small government or big government, I want a right-sized government for its expected function. “Smaller” government can be like “thinner” for an anorexic – you can always be thinner.

Nor is smaller government fully compatible with limited or decentralized government, other qualities that the book (and its author) advocates. The experience of the capital market is that there really is such a thing as ‘economies of scale.’ If you want make organizations smaller for the same set of functions, merge them and fire the middle management, that is the lesson of corporate raiders, outsourcers, and shared service centers.

It’s great to read a well-written book on an important topic, and even better if you don’t agree with the author 100%. I’m looking forward to sharing more of those disagreements here.