What's wrong with blaming "information" for political chaos

David Perell's 13,000 word essay, "What the Hell is Going On?" presents a reassuring -- and contrarian -- view on how our current dysfunction in politics, media, and business has come to pass, drawing on orthodox economic theories about "information asymmetry" in a way that makes the whole thing seem like a kind of adjustment period between a middling old world and a fine new one. Read the rest