jsalvatier comments on Broken window fallacy and economic illiteracy. - Less Wrong
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Comments (13)
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.