Emotional economics has given birth to theories that calm examination cannot justify.
From Henry Hazlitt, Economics in One Lesson p.124 (hat tip Peter Boettke).
Emotional economics easily sells to the emotionally gullible public by political agents and their pious followers, in veiled promotion of their self-interests. Thus, emotional economics represents, not only a means to advance one’s status symbol in the face of the uniformed, but as a tool of socio-political manipulation.
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