Remember when you were in school and really liked the Smiths and everybody else said how rubbish they were, and that made you feel even more privilged to like them. And then they did ‘Panic’ and it was played at all the discos and so everybody liked them so now you didn’t so much. You thought of reasons why you thought they were now rubbish and had ‘lost it’, even though you secretly thought they were still pretty good?
The point being, concealing your preferences harms your utility, or in more common terms, removing nose from face just to spite said face is a tad illogical. So what do you make of this from the FT?
Black activist websites are debating whether he is really “black” and they are not joking. His mother was white, they complain, and he is not descended from slaves. According to the polls, black voters still prefer Mrs Clinton.
Would black voters really not vote for Obama when it came to the crunch? Perhaps Bryan Caplan is right.
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