causal

Rulers May Be Too Smart for the Ruled

Freedom may decline because people fear other people's liberty ('fear of others' liberty'), and if politicians can manufacture enough public fear of others' liberty they can sustain a regulatory state and a vicious cycle in which regulators become so powerful that no one dares challenge them; the open question is whether political and economic entrepreneurs can still overcome this manipulation, or whether the rulers have become too smart for the ruled.

causalpending

Speaker

Kling

Evidence Quote

if the politicians can create enough fear in the public of other people's liberty then they can get support for this regulatory state; and then you'd have this vicious cycle

Source

Lee Ohanian, Arnold Kling, and John Cochrane on the Future of Freedom, Democracy, and ProsperityEconTalk
Created: 6/13/2026, 12:29:47 AM

My Notes

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