Sulla domanda di economia irrazionale: Naomi Klein vs. Milton Friedman

On the Demand of Irrational Economics: Naomi Klein vs. Milton Friedman

Valerio Filoso

MPRA Paper from University Library of Munich, Germany

Abstract: The persistence of demand for economic irrationality, as expressed by the big success gained by the literature on no-globalism, is an empirical puzzle and the recent book by Naomi Klein The Shock Doctrine (2007) is a rampant example. An explanation for this anomaly is provided by the theory of rational irrationality (Caplan, 2007). While in the field of natural sciences confutation of wrong theories sets them apart forever, in the field of economics rebutted theories can still have an appeal on nonprofessional readers, even though the underlying theory has already been proved wrong. This is due to the low private cost of economic opinion and the big gain derived from the illusion of grasping complex economic phenomena.

Keywords: Economic Irrationality; Political Preferences; Antiglobalism (search for similar items in EconPapers)
JEL-codes: A11 A12 D72 (search for similar items in EconPapers)
Date: 2008
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