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Constitutional Economics: The Framework for Economic Growth and Social Progress
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Ontario/Ottawa health care pact will not fix broken system
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MANY of us generalize most of the time, and when we deal with other people, we usually resort to stereotypes. Â âArenât all Latins excitable?â economist Robert L. Heilbroner asks (rhetorically). Arenât âall Swedes stolid, all Irish hot-tempered? Think about any group of people â mothers-in-law, teenagers, truck drivers, bankers â and a standard picture forms in our head.â We have already pre-judged them before even meeting any of them in person.
This is not necessarily a question of being prejudiced, as Hans Rosling, MD pointed out in his must-read book, âFactfulness.â He says categories âare absolutely necessary for us to function. They give structure to our thoughts.â At the same time, however, the ânecessary and useful instinct to generalizeâ¦can also distort our worldview.â It can, for example, âmake us mistakenly group together things, or people, or countries that are actually very different. It ca