Can Economics Change Your Mind?
Economics is sometimes dismissed as more art than science. In this skeptical view, economists and those who read economics are locked into ideologically motivated beliefs—liberals versus conservatives, for example—and just pick whatever empirical evidence supports those pre-conceived positions. I say this is wrong and solid empirical evidence, even of the complicated econometric sort, changes plenty of minds.
Can economics change your mind?
Where to start? I could write a whole ongoing blog on this question (wait…). In any case, here are just a few examples of where I have changed my mind due to economic evidence:
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