The 'market fundamentalist' charge against economists is unfair because economists themselves invented most market-failure arguments and actively seek counterexamples to their own views; meanwhile 'democratic fundamentalism'—the dogmatic faith that the cure for any democratic problem is more democracy, treating democracy as judge in its own case—gets a free pass.

normativepending

Speaker

Bryan Caplan

Evidence Quote

an economist who said the solution to any problem of markets is more markets would seem probably kind of dogmatic

Source

Bryan Caplan on The Myth of the Rational Voter 6/25/2007EconTalk
Created: 6/15/2026, 9:20:37 AM

My Notes

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