Folk-economic beliefs as “evidential fiction”: Putting the economic public discourse back on track

Behavioral and Brain Sciences 41:e159 (2018)
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Folk-economic beliefs may be regarded as “evidential fictions” that exploit the natural tendency of human cognition to organize itself in narrative form. Narrative counter-arguments are likely more effective than logical debunking. The challenge is to convey sound economic reasoning in narratively conspicuous forms – an opportunity for economics to rethink its role and agency in public discourse, in the spirit of its old classics.



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