Economic misconceptions persist due to misguided intuitions that overlook complex factors, a preference for principles over outcomes, the influence of epistemic bubbles, and political tribalism. Despite frequent refutation flawed ideas endure, requiring constant vigilance from economists.
Trump’s Subsidized IVF Spells Disaster
“Trump’s plan is a disaster from the perspective of cost, incentives, and value neutrality.” ~Vanessa Brown Calder
The Religious Idiocy of ‘Limitarianism’
“To pretend that you can have all the riches of the modern world and eliminate the ability for anyone to become wealthy is a sure sign of someone who has no understanding of how all this wealth was generated in the first place.” ~James Hartley