Dani Rodrik’s comments on Costa Rica’s referendum on CAFTA drive Brad DeLong to sound like Bryan Caplan:
Referendums have advantages as symbolic actions raising the issue decided to a higher place as far as the consent of the governed is concerned. But for making good decisions? Very doubtful.
I am also puzzled by Dani Rodrik’s lack of a view. If an economics professor specializing in global development and political economy doesn’t have an informed view, who does?
The voters backed CAFTA. See DeLong’s full post to understand my post’s title.