Attention Economy


Friday, March 10, 2023

Government Policies and the Voting Public


The big idea: should governments run more experiments?
https://www.theguardian.com/books/2023/mar/06/the-big-idea-should-governments-run-more-experiments
We’re used to randomized trials in medicine. Why not apply the same rigor to policy?

Biden scraps reliance on market for faith in broader government role
https://www.washingtonpost.com/us-policy/2023/03/06/biden-industrial-policy-business-government/

 
An interesting behavioral economics question: 
Do certain income groups often vote against their own economic interests? 
Related readings:
Inside the Sacrifice Zone by Nathaniel Rich
http://www.nybooks.com/articles/2016/11/10/american-right-inside-the-sacrifice-zone/
““The entire state of Louisiana,” writes Hochschild, “had been placed into a sinkhole.” When confronted with the contradictions in their political logic, Hochschild’s subjects fall into “long pauses.” Cognitive dissonance reduces them to childlike inanity. When asked about catastrophic oil spills that result from lax regulation, one woman says, “It’s not in the company’s own interest to have a spill or an accident…. So if there’s a spill, it’s probably the best the company could do.” Madonna Massey says: “Sure, I want clean air and water, but I trust our system to assure it.” Jackie Tabor, whom Hochschild describes as “an obedient Christian wife,” says: “You have to put up with things the way they are…. Pollution is the sacrifice we make for capitalism,” which is a gentler way of saying that premature death is the sacrifice we make for capitalism. Janice Areno, who worked at Olin Chemical without a facial mask as an inspector of phosgene gas and suffers mysterious health ailments that she believes are “probably related to growing up near the plants,” finds comfort in an anthropomorphic analogy: “Just like people have to go to the bathroom, plants do too.”


Strangers in Their Own Land: Anger and Mourning on the American Right