Bryan Caplan

Bryan Caplan
Born (1971-04-08) April 8, 1971
Northridge, California, U.S.
Nationality United States
Field Economics
School or
tradition		 Public Choice school
Alma mater University of California, Berkeley
Princeton University
Influences David D. Friedman, Michael Huemer, Murray Rothbard, Michael Spence, Julian Simon, Ludwig von Mises, Ayn Rand, Philip Tetlock[1]
Contributions Rational irrationality
Ideological Turing test[2]
Information at IDEAS / RePEc
Website bcaplan.com

Bryan Douglas Caplan (born April 8, 1971) is an American economist. Caplan is a professor of economics at George Mason University, research fellow at the Mercatus Center, adjunct scholar at the Cato Institute, and frequent contributor to Freakonomics[3] as well as publishing his own blog, EconLog. He is a self-described economic libertarian.[4][5] The bulk of Caplan's academic work is in behavioral economics and public economics, especially public choice theory.[6]

Education

Caplan holds a B.A. in economics from the University of California, Berkeley (1993) and a Ph.D. in economics from Princeton University (1997).[7] His thesis is titled "Three essays on the economics of government behavior."

Books

The Myth of the Rational Voter

The Myth of the Rational Voter: Why Democracies Choose Bad Policies, published in 2007, further develops the "rational irrationality" concept from Caplan's earlier academic writing. It draws heavily from the Survey of Americans and Economists on the Economy in making the argument that voters have systematically biased beliefs about many important economic topics. Caplan writes that rational irrationality is an explanation for the failure of democracy.[8] The book was reviewed in the popular press, including The Wall Street Journal,[9] The New York Times,[10] and The New Yorker,[11] as well as in academic publications such as the Journal of Libertarian Studies,[12] Public Choice,[13] Libertarian Papers,[14] and The Independent Review.[15] It received a disparaging critique by Rupert Read in the European Review.[16]

Selfish Reasons to Have More Kids

In 2011 Caplan published a book, Selfish Reasons to Have More Kids, arguing that people often work too hard in child-rearing, and as a result, they are scared of the idea of having children. Caplan's book urged parents to relax with respect to child-rearing. The book argues that as the perceived costs (in terms of child-rearing expense and effort) of having children fell, it made sense to have more children based on the basic theory of supply and demand.[17] The book was reviewed in The Wall Street Journal.[18] The book was also reviewed by The Guardian,[19] RealClearMarkets[20] and the Washington Times.[21] The book also led to debates sponsored by The Wall Street Journal[22] and The Guardian.[23] The Guardian had Caplan debating "Tiger Mom" Amy Chua on the merits of strict parenting style.[23] The book was also featured in a story on National Public Radio.[24] Kirkus Reviews described it as "Inconsistent and unpersuasive."[25]

The Case Against Education

The Case Against Education: Why the Education System Is a Waste of Time and Money, published in 2018 by the Princeton University Press. Drawing on the economic concept of job market signaling and research in educational psychology, the book argues that much of higher education is very inefficient and has only a small effect in improving human capital, contrary to much of the conventional consensus in Labor economics that Caplan claims take the human capital theory for granted.

Views

Open borders

Caplan was cited as one of the leading proponents of the open borders position in articles in The Atlantic and Vox.[26][27] He has also been quoted in other mainstream press pieces on immigration in outlets such as the Huffington Post[28] and Time magazine.[29] In the Winter 2012 issue of the peer-reviewed Cato Journal, Caplan published a paper titled Why Should We Restrict Immigration?, where he makes the moral and economic case for open borders while addressing various objections to his stance with practical solutions.[30]

Anarcho-capitalism

Caplan's anarcho-capitalist views were discussed by Brian Doherty in his book Radicals for Capitalism and in Reason magazine.[31] One frequent criticism of Caplan is an accusation that he has engaged in historical negationism by claiming that anarcho-capitalists have a better claim on the history of anarchist thought than mainstream left-anarchists.[32][33] Despite this, Caplan has criticized one of the most notable examples of an anarchist-inspired society, revolutionary Catalonia during the Spanish Civil War, in an essay entitled "The Anarcho-Statists of Spain."[34]

Ayn Rand and Objectivism

After having long shed a youthful infatuation with the works of Russian American writer Ayn Rand and her philosophical system of Objectivism, in 2004 Caplan wrote in his essay 'An Intellectual Biography', "I rejected Christianity because I determined that it was, to be blunt, idiotic. I rejected Objectivism and Austrianism, in contrast, as mixtures of deep truths and unfortunate mistakes. Let me begin with the deep truths. The Objectivists were right to insist that reality is objective, human reason able to grasp it, and scepticism without merit. They correctly hold that humans have free will, morality is objective, and the pursuit of self-interest typically morally right."[35]

In his essay, "Atlas Shrugged and Public Choice: The Obvious Parallels", Caplan lauds Ayn Rand's Atlas Shrugged as making "an important contribution to social science."[36]

Personal life

He is married to Corina Caplan, with four children, and resides in Oakton, Virginia.[37][38]

References

  1. ↑ "Why I Am Not an Austrian Economist". Econfaculty.gmu.edu. Retrieved 2016-02-04.
  2. ↑ Ideological Turing Test – LessWrong
  3. ↑ http://freakonomics.com/tag/bryan-caplan/
  4. ↑ Block, Walter (2010). I Chose Liberty: Autobiographies of Contemporary Libertarians. Ludwig von Mises Institute. p. 429. ISBN 9781610162708. :73
  5. ↑ Hatlestad, Luc (August 19, 2016). "Is Anarchy the Solution to Our Political Problems?". 5280. Archived from the original on September 27, 2016. Retrieved September 29, 2016.
  6. ↑ Menand, Louis (9 Jul 2007). "Fractured Franchise". The New Yorker. Conde Nast. Retrieved 29 September 2016.
  7. ↑ "Bryan Caplan". econfaculty.gmu.edu. Retrieved 2018-05-28.
  8. ↑ Block, Walter (Dec 25, 2011). "Review of "The Myth of the Rational Voter"". Psychology Today. Sussex. Retrieved 29 September 2016.
  9. ↑ Casse, Daniel (2007-07-10). "Casting a Ballot With A Certain Cast of Mind". The Wall Street Journal. Retrieved 2013-09-29.
  10. ↑ Bass, Gary J. (2007-05-27). "Clueless". The New York Times. Retrieved 2013-09-29.
  11. ↑ Menand, Louis (2007-07-09). "Fractured Franchise: Are the wrong people voting?". The New Yorker. Retrieved 2013-09-29.
  12. ↑ Block, Walter. "The Myth of the Rational Voter (book review)" (PDF). Journal of Libertarian Studies, Vol. 22 (2011), Page 689-718. Retrieved 2013-09-29.
  13. ↑ Lomasky, Loren (June 2008). "Swing and a myth: a review of Caplan's The Myth of the Rational Voter". Public Choice. 135 (3–4): 469–484. doi:10.1007/s11127-007-9273-7. Retrieved 2013-09-29.
  14. ↑ Farrand, Stuart (2010). "Critique of Caplan's The Myth of the Rational Voter" (PDF). Libertarian Papers, Vol. 2, Article No. 28. Retrieved 2013-09-29.
  15. ↑ Callahan, Gene (Winter 2009). "The Myth of the Rational Voter: Why Democracies Choose Bad Policies (book review)". The Independent Review. Retrieved 2013-09-29.
  16. ↑ Read, Rupert (14 December 2010). "Economist-kings? A Critical Notice on Caplan, The Myth of the Rational Voter: Why Democracies Choose Bad Policies". European Review. Cambridge University Press. 19 (1): 119–129. doi:10.1017/S1062798710000426. Caplan’s The Myth of the Rational Voter: Why Democracies Choose Bad Policies has been received by rave reviews. These reviews appear to have failed to note that Caplan’s book celebrates the market and denigrates democracy at the very time when markets worldwide have failed and democracies have ridden to the rescue. It thus appears to have been undermined fatally by events that occurred as it was published (and which Caplan artfully omits to mention in the more recent paperback edition). Caplan’s book in fact stands in the long tradition of anti-democratic writings that argue that an elite must rule. An elite of free-market economists. An elite no longer in good odour, since the financial crisis (and the climate crisis) occurred and became starkly evident to all. This Critical Notice also points out that numerous of Caplan’s key claims, such as that individual voters have zero effect on election results, are empirically false.
  17. ↑ Davis, Tanika (15 Oct 2015). "Are parents making parenting harder than it has to be?". Baltimore Sun. Retrieved 29 September 2016.
  18. ↑ Last, Jonathan (2011-04-16). "Go Ahead, Have Another". The Wall Street Journal. Retrieved 2013-09-29.
  19. ↑ McVeigh, Tracy (2011-05-15). "Parenting guru Bryan Caplan prescribes less fuss – and more fun". The Guardian. Retrieved 2013-09-29.
  20. ↑ Tamny, John (2011-08-04). "Book Review: Bryan Caplan's Selfish Reasons To Have More Kids". RealClearMarkets. Retrieved 2013-09-29.
  21. ↑ Russell, Nicole (2011-05-04). "Go and Multiply, Without Guilt". Washington Times. Retrieved 2013-09-29.
  22. ↑ "Live Chat: Should You Have More Kids?". The Guardian. 2011-04-14. Retrieved 2015-06-20.
  23. 1 2 Saner, Emine (2011-06-11). "Is strict parenting better for children?". The Guardian. Retrieved 2013-09-18.
  24. ↑ Inskeep, Steve; David Greene; Renee Montagne (22 Apr 2011). "'Selfish Reasons' For Parents To Enjoy Having Kids". Morning Edition. National Public Radio. Retrieved 29 September 2016.
  25. ↑ "Selfish Reasons to Have More Kids by Bryan Caplan". Kirkus Reviews. March 1, 2011.
  26. ↑ Raviv, Shaun (2013-04-26). "If People Could Immigrate Anywhere, Would Poverty Be Eliminated?". The Atlantic. Retrieved 2013-09-27.
  27. ↑ Matthews, Dylan (2014-12-15). "The case for open borders". Vox. Retrieved 2018-04-14.
  28. ↑ Roberson, Steve (2013-03-08). "Immigrants – The Once, and Future, Story of Jobs". Huffington Post. Retrieved 2013-09-28.
  29. ↑ Matthews, Chris (2013-01-30). "The Economics of Immigration: Who Wins, Who Loses and Why". Time Magazine. Retrieved 2013-09-28.
  30. ↑ Caplan, Bryan (2012). "Why Should We Restrict Immigration?" (PDF). Cato Journal, Vol. 32, Article No. 1 (Winter 2012).
  31. ↑ Doherty, Brian (2013-04-03). "Anarcho-Capitalism: So Crazy, It Just Might Work!". Hit and Run (Reason blog). Retrieved 2013-09-28.
  32. ↑ "Replies to Some Errors and Distortions in Bryan Caplan's "Anarchist Theory FAQ" version 5.2". Spunk Library. Retrieved 2013-09-28.
  33. ↑ "Appendix : Anarchism and "anarcho"-capitalism" (PDF). Archived from the original (PDF) on July 2, 2013.
  34. ↑ Caplan, Bryan. "The Anarcho-Statists of Spain". Econ Faculty. GMU. Retrieved 13 February 2018.
  35. ↑ Block, Walter (2010). I Chose Liberty: Autobiographies of Contemporary Libertarians. Ludwig von Mises Institute. p. 85. ISBN 978-1-61016-270-8.
  36. ↑ Professor Edward W Younkins (1 October 2012). Ayn Rand's Atlas Shrugged: A Philosophical and Literary Companion. Ashgate Publishing, Ltd. p. 303. ISBN 978-1-4094-8528-5.
  37. ↑ Rich, Motoko (16 Apr 2011). "Who Really Cares How Yuppies Raise Their Kids?". The New York Times. The New York Times Company. Retrieved 29 September 2016.
  38. ↑ http://freakonomics.com/podcast/new-freakonomics-radio-podcast-the-economists-guide-to-parenting/
  • Personal website
  • Curriculum vitae
  • Faculty website
  • Roberts, Russ. "Bryan Caplan Podcasts". EconTalk. Library of Economics and Liberty.
  • Bryan Caplan at Goodreads
  • Appearances on C-SPAN
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