Folks economics – en beskrivelse af, hvad økonomer er oppe imod

Dette kunne være en kort bog til den nette pris af 150 kr. Men det er udgivet som arbejdspapir og kan hentes gratis her.

Folk economics is the intuitive economics of untrained persons. It is concerned with distribution, and does not allow for or understand incentives. Folk economic notions evolved in our ancestors in circumstances where there was little in the way of specialization, division of labor, capital investment, or economic growth. It can explain the beliefs of naive individuals regarding matters such as international trade, labor economics, law and economics, and industrial organization. It is important that voters understand economic principles. Economists would do a better job of persuading others and of teaching if we paid explicit attention to folk economics. Because untrained individuals do not fully understand gains from trade, training in economics is likely to improve welfare by increasing the number of trading opportunities. There is evidence that this is in fact true.

Er det ikke i bund og grund den basale forklaring på, at økonomer er nødt til at skrive tweets a’la dette?

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