22 November 2005

Why People Hate Economics

[insert Nietzsche quote here]

In his article Why People Hate Economics (http://www.techcentralstation.com/112105A.html), Arnold Kling introduces a simple concept that crystalised an idea that should have been already vaguely swirling and forming in my mind but wasn't.

He discusses how most people see the world of human affairs (i.e. the social/political/economic world) as being driven by personalities, rather than by impersonal forces.

Quote:

Type C arguments are about the consequences of policies. Type M arguments are about the alleged motives of individuals who advocate policies.

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