James Otteson — What Are The Seven Deadly Sins of Economics?
The Curious Task
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Understanding Economic Fallacies and How to Avoid Being Sinful Economically
Roxanne Jones: The concept of rational ignorance as an economic concept is actually what makes us ignorant of economics, or many of us I should say. She says understanding these fallacies and how to avoid them can help you in both individual and public life. "I think these sins apply not only to evaluation of policies, but to our personal and private lives," she adds.
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