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Distilling Economic Literature

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Why We Bite the Invisible Hand

Zero Sum Bias: How Malthusian Thinking Hinders Economic Progress

Dr. Ellen Clardy, July 21, 2023August 6, 2025

Part 3 of a Discussion of Peter Foster’s Why We Bite the Invisible Hand Chapter 8 “Do-It-Yourself Economics” Last blog, I covered how Foster delved into many of the cognitive biases that interfere with our ability to understand modern economics. Now, I want to focus on one cognitive bias I…

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