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Utilitarian foundations for limited government are shaky insofar as they assume rational and consistent individuals. Recently economists’ assumption of rational actors has come under sustained attack. Behavioural economics has suggested that people are plagued by irrational biases and...
Persistent link: https://www.econbiz.de/10010714017
Utilitarian foundations for limited government are shaky insofar as they assume rational and consistent individuals. Recently economists’ assumption of rational actors has come under sustained attack. Behavioural economics has suggested that people are plagued by irrational biases and...
Persistent link: https://www.econbiz.de/10010570846
The public's beliefs about the economic impact of immigration on host nations' economies is significantly more negative than both the beliefs of economists, and what much of the empirical evidence would suggest. In an attempt to explain this disparity, and the wide range of beliefs about what...
Persistent link: https://www.econbiz.de/10008465263