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Comment by m4nu3l

4 days ago

I believe the problem with democracy is that it's affected by various problems analogous to the ones of markets, but often amplified.

In this case, to me, it really seems a matter of extreme information asymmetry as you'd never see in a regular market.

Does he actually mean those things, or is that some sort of joke? How do you even know? BTW, he didn't actually use Nukes, and I don't believe he will. On the other hand, he said he wanted to end wars and sounded like he was against starting new ones.

I've seen people regretting voting for Trump because of tariffs, even though they supported tariffs in the first place. They had no idea that Trump's "tariff" would mean some blanket tariffs at those rates. They thought it was some small tariffs on "key industries".

A further confirmation of the information asymmetry is that after a year, support for Trump is far below what would be needed to elect him.

I'm not sure what the solution is.