“The world is large, information about it seems infinite, and even the most capacious minds must stringently limit their acquisition of information to matters that interest them either in the abstract or, more centrally, that they find otherwise useful to have on hand. Beyond this point, information costs are not worth paying, and ignorance is rational."
"Rational ignorance" – my excuse from now on!
From an issue of Critical Review on "The Nature of Belief Systems", (vol 18, no. 1–3, this by P. E. Converse, p. 300, via Shtetl-Optimized.
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