Looking around at your immediate environment is a dangerous basis for inference because it produces misperceptions—e.g., concluding a recession isn't bad because a thriving Washington DC mall is crowded.

normativepending

Speaker

Russ Roberts

Evidence Quote

looking around is dangerous it can do very bad misperceptions

Source

Bruce Meyer on the Middle Class, Poverty, and Inequality 10/03/2011EconTalk
Created: 6/15/2026, 9:20:26 AM

My Notes

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