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Bryan CaplanDavid Henderson Arnold Kling More
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Maybe its rational to delude yourself into thinking voters are rational.
Bryan, you don't get excited about politics, so you don't feel the excitement and dissapointment cycle there. But you do get excited about upcoming movies, and you are probably dissapointed in most of them afterward. So is your movie enthusiasm cycle irrational, and if not how can you distinguish it from the political enthusiasm cycle for most people?