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Tad DeHaven

Economics is more sociology, psychology and philosophy and less math to me. It's the study of human nature and human action. There is often a disconnect between intentions behind policies and their outcomes. The author of "Freakonomics" used the example of wearing football helmets which intuitively means that your head is going to be safer, but actually the helmets give players an artificial sense of comfort and the result is that they take risks and actions which they otherwise wouldn't have taken and end up having more concussions. Now that's counter-intuitive to most people and I think people have a knee-jerk aversion to attaching a profit motive to issues they consider to be very personal or emotional, but economics requires sitting down and thinking rationally about things.

Writer and Cato Institute Budget Analyst, Tad DeHaven