tag:blogger.com,1999:blog-7658874470833994309.post7483687864911066749..comments2023-10-20T10:46:21.208+01:00Comments on Knowing and Making: Biases about economic factsLeigh Caldwellhttp://www.blogger.com/profile/16150868700502562500noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7658874470833994309.post-38518921366649346992010-12-15T13:11:41.923+00:002010-12-15T13:11:41.923+00:00In addition, "shrunk" almost certainly m...In addition, "shrunk" almost certainly means "shrunk per-capita" in the popular mind. <br /><br />Also, is anyone really claiming that the government is going to get even a dime on the dollar from Treasury's or the Fed's purchases of Mortgage-backed securities?<br /><br />This article has a lot more to do with economists pretending than about people's biases.PunditusMaximushttps://www.blogger.com/profile/09249723289837838687noreply@blogger.comtag:blogger.com,1999:blog-7658874470833994309.post-68611292063838880972010-11-26T17:27:13.714+00:002010-11-26T17:27:13.714+00:00As we all know, poll answers are very sensitive to...As we all know, poll answers are very sensitive to wording. For instance, what does it mean to say that the bank bailout money is "lost"? (Not "lost forever". That wording would probably have altered the percentages.) Suppose that I am an ordinary citizen with only the vaguest notion of what TARP is, but I do know that we spent a helluva lot of money to save the Big Banks, andMinnoreply@blogger.com