May 21, 2007

Costs of Extreemism
Arthur Brooks, WSJ | If only there were a way to tax this externality...

The strange fact of the matter is that the hard-core liberals and conservatives in America are actually some of our happiest citizens. According to the National Opinion Research Center in 2004, in spite of all their bile, 35% of people who said they are "extremely liberal" also reported being "very happy" with their lives -- versus 22% of people who were just "liberal" and 28% of moderates. At the same time, a whopping 48% of people who were "extremely conservative" were very happy (compared with 43% of non-extreme conservatives)....

The trouble is that, while radicals may be happy, they undoubtedly lower the happiness of the rest of us through their intolerance and antisocial ways -- spewing out what economists call "externalities" with every insulting bumper sticker and obnoxious street demonstration. Political nastiness is something akin to pollution.