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.

Sulla domanda di economia irrazionale: Naomi Klein vs. Milton Friedman / Filoso, Valerio. - In: IL POLITICO. - ISSN 0032-325X. - STAMPA. - 223:1(2010), pp. 85-98.

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

FILOSO, VALERIO
2010

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.
2010
Sulla domanda di economia irrazionale: Naomi Klein vs. Milton Friedman / Filoso, Valerio. - In: IL POLITICO. - ISSN 0032-325X. - STAMPA. - 223:1(2010), pp. 85-98.
File in questo prodotto:
File Dimensione Formato  
(2010) FILOSO - Sulla domanda di economia irrazionale.pdf

accesso aperto

Descrizione: Testo articolo
Tipologia: Documento in Post-print
Licenza: Creative commons
Dimensione 4.08 MB
Formato Adobe PDF
4.08 MB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11588/323752
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact