ChrisHibbert comments on Mechanics without wrenches - Less Wrong

33 Post author: PhilGoetz 15 April 2009 08:09PM

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Comment author: ChrisHibbert 16 April 2009 06:35:05AM 3 points [-]

The most valuable part for politicians is understanding that incentives matter, and the ideas of public choice theory, the concept of regulatory capture and the like. These don't require any facility with numbers. They inform decision making and direct the design of institutions.