Sense or non-sense? a critical discussion of a recent evolutionary–cognitive approach to “folk-economic beliefs”

Laypeople hold beliefs about economics and policy issues—so-called folk-economic beliefs (FEBs)—that are often wrong or misleading according to professional economists. Here, I critically discuss a recent evolutionary–cognitive approach to understanding folk-economic beliefs. According to this approach (Boyer & Petersen 2018a), some economic beliefs are more prevalent than others, because such beliefs (i.e., folk-economic beliefs) resonate...