Monday, October 28, 2002

Rational ignorance. Sounds like an excuse my 7th grade students would come up with when I ask where their homework is, but its actually something we all practice. Here is some sound advice about rational ignorance, its ramifications, "Yet many wonder how a well-intentioned law morphed into the single most powerful way to control land use and destroy people's property rights and livelihoods. One answer is that ten bankrolled preservationists advancing a regulatory strategy can outsmart ninety who aren't paying attention any time," and how it applies to property rights. This comes from the Anchorage Daily News and is a well timed piece of advice.

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