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There are numerous studies of opinions of citizens on particular economic issues; some of these are
discussed below. But these tend to deal with specific issues at a particular time. They do not directly
analyze the understanding of economic principles.
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Walstad (1996) is an economist, but his contribution does not deal with issues relevant for this analysis.

The chapter actually deals more with what an economist would call income distribution.
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summary available online.
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This argument is from the field of evolutionary psychology (Barkow et al., 1992). Evolutionary
psychology is the discipline that applies principles of sociobiology to human psychology. See Laland and
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If they are not, then I as the author and you as the reader of this paper are in the wrong business.

For example, it would be in our self interest as economists to require that every transaction of over
$10,000 be certified by a Ph.D. level economist, but there is little chance of such a proposal being adopted.
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Discussions of the benefits of international trade also may be made more difficult since this issue may
involve our innate xenophobic tendencies; see Rubin, 2002.
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The survey was done n 1996.

The most famous speech in that movie was by the Michael Douglas character, Gordon Gekko: "Greed is
good. Greed is right. Greed works. Greed cuts through, clarifies, and captures the essence of the
evolutionary spirit." Gordon Gekko in Wall Street,
http://www.oscarworld.net/ostone/default.asp?PageId=11. While this seems a reasonable statement, I
understand that Oliver Stone, the director, meant is as a negative comment.
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It perhaps speaks well of the economics profession that few if any dictators are trained economists.

Most recently in Atlanta: see Mary MacDonald, “Cobb's vote on evolution in spotlight,”  
 


  , September 27, 2002.

Pinker is trained as a linguist and works as an evolutionary psychologist, so his claims for the importance
of economics are not subject to criticism as being self-serving.
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Pinker (2002, p. 222) also points out that it is important to consider the innate properties of the mind in
designing effective teaching mechanisms

In this game, two subjects are to split a fixed sum, $10 in the Carter and Irons example. One subject, the
“Proposer” proposes a division (in increments of $.50). The other, the “Responder” accepts or rejects the
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proposal. Economic theory would suggest a proposal of “$9.50 for the Proposer, $.50 for the Responder”
and an acceptance of this proposal. Most subjects as Proposers offer a more even distribution, and most
Responders reject too uneven a split. For an interesting cross-cultural analysis of this game, see Henrich et
al (2001).
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