Do voters really vote in their self interest?

In conversations about the recent election I wondered how much people really vote in their self interest.  I came across an interesting article from earlier this year that I thought I would share.  The story from Bryan Caplan of the Washington Post suggests that there are 5 myths of voting.

  1. People vote in their self interests
  2. Unselfish voting will solve our problems
  3. Voters’ errors balance out
  4. Political disagreement is all about values
  5. Voters want serious change

My question is that if these are all myths then when someone invokes one as their reason for voting for a certain candidate what are they really voting for?  For example, when someone invokes that they are voting for McCain out of self interest… why are they really voting for them?  Fear, hatred, prejudice?  What are the underlying issues?

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