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T Notes: Given the Economics of the People we should expect systematic errors in political decision making Leads to poor policy choices persisting such as

T

Notes:

Given the Economics of the People we should expect systematic errors in political decision making Leads to poor policy choices persisting such as minimum wage It is costless to hold bad ideas in the political sphere (blaming piracy on free trade), but not in economic sphere (due to competition).

Keeping in view the notes does the following answer to the question make sense?

Think about the anti-vaccination types. What kind of evidence would change their minds?

answer

One evidence that is in the notes states that it is costless to hold bad ideas in the political sphere, but not in the economic sphere. Applying this to the anti-vaccination,evidence that directly shows the benefits of vaccination and the risks of not vaccinating could potentially change their minds. However, this evidence needs to be presented in a way that is clear andunderstandable to the public.Moreover,it is important to address any underlying concerns or fears that may be driving their beliefs, such as mistrust of medical institutions or skepticism of government mandates. This may require a more nuanced and empathetic approach that goes beyond simply presenting the evidence.

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