equal economic ignorance
December 3, 2011 6:03 PM Subscribe
I was Wrong and So are You. I needed to retract the conclusions I’d trumpeted in The Wall Street Journal. The new results invalidated our original result: under the right circumstances, conservatives and libertarians were as likely as anyone on the left to give wrong answers to economic questions. The proper inference from our work is not that one group is more enlightened, or less. It’s that “myside bias”—the tendency to judge a statement according to how conveniently it fits with one’s settled position—is pervasive among all of America’s political groups. The bias is seen in the data, and in my actions.
posted by storybored (41 comments total)
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In 2010, Daniel Klein published a Wall Street Journal op-ed entitled: Are You Smarter Than a Fifth Grader?
based on his research survey that seemed to show that progressives were more ignorant about basic economics than conservatives. After realizing the interesting cognitive flaw in the study, he and his co-researcher did another survey and found that when it comes to economics, ideology does not convey an advantage.