jsalvatier comments on Broken window fallacy and economic illiteracy. - Less Wrong

7 Post author: Desrtopa 01 December 2010 04:48AM

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Comment author: jsalvatier 02 December 2010 04:31:03PM *  1 point [-]

Yes, I agree.

This is why I specified "domains where they have decent experience". My point is that I don't think there's a gigantic need to learn these concepts to improve business practices etc. . I do think there's a gigantic need to learn these concepts to improve public policy and charity (for the reasons given in The Myth of The Rational Voter).

People do a decent job of knowing these things on near topics, but not far topics.