The electorate's 4 boneheaded biases

Bryan Caplan at his best. The focus is on the USA, but the applicability is, unfortunately, universal.

PS. I am still reading Caplan's "The Myth of the Rational Voter. Why Democracies Choose Bad Policies", hence more on that later. The short article above can be tasted as an appetizer to an exquisite full-course prepared in the book...