Cap and Trade Has Nothing To Do With Wall Street

But I see, via David Wiegel, that 29% of the American public thinks "cap and trade" does, in fact, have something to do with regulating Wall Street. Meanwhile 24% of the public correctly identifies it as having something to do with the environment and 17% incorrectly identifies it as having something to do with health care. A slight plurality pleads ignorance. Hmmm.



cap nad trade ignorance.png
One of the things that seems interesting about these results -- besides the public's apparent unwillingness to admit that they don't know what "cap and trade" refers to -- is that the respondents seem systematically biased in favor of certain wrong answers. 24% of the public coming up with the right answer is pretty bad, but it's also presumably worse than the results you'd see if the public were just picking randomly between the four possible answers. The bias is systematic.
Presented by

Conor Clarke is the editor, with Michael Kinsley, of Creative Capitalism. He was previously a fellow at The Atlantic and an editor at The Guardian. More

Conor Clarke is the editor, with Michael Kinsley, of Creative Capitalism, an economics blog that was recently published in book form by Simon and Schuster. He was previously a fellow at The Atlantic and an editor at The Guardian. He is also on Twitter.

How to Cook Spaghetti Squash (and Why)

Cooking for yourself is one of the surest ways to eat well. Bestselling author Mark Bittman teaches James Hamblin the recipe that everyone is Googling.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

How to Cook Spaghetti Squash (and Why)

Cooking for yourself is one of the surest ways to eat well.

Video

Before Tinder, a Tree

Looking for your soulmate? Write a letter to the "Bridegroom's Oak" in Germany.

Video

The Health Benefits of Going Outside

People spend too much time indoors. One solution: ecotherapy.

Video

Where High Tech Meets the 1950s

Why did Green Bank, West Virginia, ban wireless signals? For science.

Video

Yes, Quidditch Is Real

How J.K. Rowling's magical sport spread from Hogwarts to college campuses

Video

Would You Live in a Treehouse?

A treehouse can be an ideal office space, vacation rental, and way of reconnecting with your youth.

More in Politics

Just In