5min chapter

"Upstream" with Erik Torenberg cover image

E59: Bryan Caplan on Housing Regulation, Fertility, and Crime

"Upstream" with Erik Torenberg

CHAPTER

Exploring Social Desirability Bias in Market and Government Actions

Exploring the impact of social desirability bias on our views of market activities and government decisions, highlighting how markets often benefit society through seemingly negative actions, while governments may prioritize less critical issues over essential ones. The chapter also discusses the challenge of accurately assessing the roles of markets and governments amidst societal biases, along with the value of humor in communicating difficult truths.

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