Thursday, June 7, 2012

So Much for “the People”… a motley crew to be sure

Cafe Hayek reminds us of:

the four ‘biases’ that Bryan Caplan finds among the general public unfamiliar with the economic way of thinking. These biases are (in no particular order) (1) the anti-foreign bias; (2) the make-work bias; (3) the anti-market bias; and (4) the pessimistic bias.

It is well to be versed in these and their anti enlightenment logic… the better to deal with them.

Brent

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