David Leiser – How We Misunderstand Economics and Why it Matters

The Michael Shermer Show | 10 December 2019 | 1h 22m | Listen Later | iTunes
Interview with David Leiser about his book How We Misunderstand Economics and Why it Matters: The Psychology of Bias, Distortion and Conspiracy. Discusses folk economics and why our intuitions are so often wrong; the evolutionary origins of our thinking about economics and why we are not prepared cognitively to understand complex economic ideas; UBI; income inequality; CEO pay and why we think it’s too high; the importance of trust in economic exchanges; and reparations for slavery vs. reparations for the Holocaust.

Posted on by