Words of wisdom

Basically when you ask questions where the left-wing answer is also the one supported by economics, suddenly left-wing people have a better understanding of economics. But when you ask the other set of questions, it comes out the other way. Basically, there’s a lot of confirmation bias out there. This is why I think people who teach economics ought to think harder about their choice of examples when teaching.

That is Matt Yglesias (check out the interesting graph), referring to this paper by Daniel Klein and Zeljka Buturovic.


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