Tag: economic misconceptions
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Top economic misconceptions of the lay people you wish you could correct?
Marginal Revolution: Top economic misconceptions of the lay people you wish you could correct? That was the first request. Economic misconceptions interact with values to skew overall judgment, but the value judgments are usually the main problem. Consider how "anti-foreign bias," to borrow Bryan Caplan's term, often causes people to oppose free trade. The main…