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Memes with the Watson keyword “economics”

1–5 of 5

Human are Predictable

Human behaviour reveals uniformities which constitute natural laws. If these uniformities did not exist, then there would be neither social science nor political economy, and even the study of history would largely be useless. In effect, if the future actions of men having nothing in common with their past actions…

Food Stamps Improves Quality of Life for Children

Seizing on yet another natural experiment, Almond examined the impact of the introduction of the food-stamp program in the late 1960s and early 1970s. The program was rolled out on a state-by-state basis, allowing Almond to compare birth outcomes for poor women who received food assistance during pregnancy to those…

Ignorance Coupled with Intellectual Hubris

I used to think that the problem of information is that it turns homo sapiens into fools — we gain disproportionately in confidence, particularly in domains where information is wrapped in a high degree of noise (say, epidemiology, genetics, economics, etc.). So we end up thinking that we know more than we do, which…

Economics is Merely Psychology

In Utopia there is no distinct and separate science of economics. Many problems that we should regard as economic come within the scope of Utopian psychology. My Utopians make two divisions of the science of psychology, first, the general psychology of individuals, a sort of mental physiology separated by no definite…