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Quotation of the Day…

Posted By Don Boudreaux On September 19, 2013 @ 8:10 am In Politics | Comments Disabled

… is from page 252 of the late William Riker’s 1982 book, Liberalism Against Populism [1] (link added):

The main defense against populist excesses is the maintenance of the constitutional limitations inherited from eighteenth-century Whiggery.  It would probably help also to have a citizenry aware of the emptiness of the populist interpretation of voting.  And surely a wide dissemination of the discoveries of social choice theory [2] is a desirable additional defense.  But this dissemination of a rather arcane theory is a task for generations.

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[1] Liberalism Against Populism: http://www.amazon.com/Liberalism-Against-Populism-Confrontation-Democracy/dp/0881333670

[2] social choice theory: http://www.jstor.org/discover/10.2307/2110686?uid=3739744&uid=2129&uid=2&uid=70&uid=4&uid=3739256&sid=21102637051581

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