Kurt Bouwhuis, Mackinac Center Intern
During his lecture, Bryan mentioned four biases that help explain the ideology of a typical American. They are listed below:
- Anti-market bias – Capitalists a greedy profit seeking individuals who make money at the expense of everyone else.
- Anti-foreign bias – Foreigners are bad because they make cheap things, take our jobs, act different from us, drain our budget, etc…
- Make-work bias – Valuing employment over output. Losing jobs is bad, even if it is caused by innovation. Around 150 years ago, the overwhelming majority of the nation worked as farmers. Now only 3% of Americans are farmers. Imagine what our nation would look like today if we valued employment over output.
- Pessimistic bias – The American economy is constantly in decline, and the future is going to be bad.
Understanding these biases are crucial to effectively communicating with the public.