Be careful for what you wish for when using irrationality as a rationale for the scope of government

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Source: Gary Lucas and Slavisa Tasic‘s "Behavioral Public Choice and the Law" (West Virginia Law Review, 2015) via Bryan Caplan

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Psychological Bias as a Driver of Financial Regulation

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Psychological Bias as a Driver of Financial Regulation,” David Hirshleifer, European Financial Management, 14(5), November, (2008):856-874.

SPECIFIC TYPES OF IRRATIONALITY THAT CAUSE GOVERNMENT FAILURE

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Source: Gary Lucas and Slavisa Tasic‘s "Behavioral Public Choice and the Law" (West Virginia Law Review, 2015) via Bryan Caplan