Folk-economics: Inherited biases or misapplication of everyday experience?

Behavioral and Brain Sciences 41:e184 (2018)
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Abstract

Evidence for an EEA-derived domain-specific inference system must point to an active, latent representational structure. Otherwise we need to hypothesize only passive, virtual belief not over-ridden on the basis of the individual's experience. The folk economic beliefs identified by Boyer & Petersen (B&P), being with one exception about macroeconomics, might be virtual beliefs that people extrapolate across the micro–macro scale shift based on their experiences with markets.

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The Modularity of Mind.Robert Cummins & Jerry Fodor - 1983 - Philosophical Review 94 (1):101.

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