Intelligence makes people think like economists!
ConversesEconomics
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1Carnophile
Right on!
From the Abstract:
Education is by far the strongest predictor of whether a non-economist will share the economic beliefs of the average economist... (However,) we show that the estimated effect of education sharply falls after controlling for intelligence. In fact, education is driven down to second place, and intelligence replaces it at the top of the list of variables that make people "think like economists."
From the Abstract:
Education is by far the strongest predictor of whether a non-economist will share the economic beliefs of the average economist... (However,) we show that the estimated effect of education sharply falls after controlling for intelligence. In fact, education is driven down to second place, and intelligence replaces it at the top of the list of variables that make people "think like economists."
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