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Constitutional Economics: The Framework for Economic Growth and Social Progress

Constitutional Economics: The Framework for Economic Growth and Social Progress
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Ontario/Ottawa health care pact will not fix broken system

Ontario/Ottawa health care pact will not fix broken system
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Is it really the New York Review of Each Other s Books ?

Variations | How generalizations distort our worldview

MANY of us generalize most of the time, and when we deal with other people, we usually resort to stereotypes.  “Aren’t all Latins excitable?” economist Robert L. Heilbroner asks (rhetorically). Aren’t “all Swedes stolid, all Irish hot-tempered? Think about any group of people — mothers-in-law, teenagers, truck drivers, bankers — and a standard picture forms in our head.” 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, “Factfulness.” He says categories “are absolutely necessary for us to function. They give structure to our thoughts.” At the same time, however, the “necessary and useful instinct to generalize…can also distort our worldview.” It can, for example, “make us mistakenly group together things, or people, or countries that are actually very different. It ca

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