Bryan Caplan on the Pessimistic Bias

by Don Boudreaux on May 14, 2014

in Growth, History, Innovation, Seen and Unseen, Standard of Living, The Economy, Video

In this video from LearnLiberty, my colleague Bryan Caplan explains that – despite popular and self-gratifying hand-wringing – the well-being of ordinary people in those parts of the world touched by innovative markets continues to increase. We tend to overlook this trend because of our bias toward pessimism.