Recent populist waves raise crucial questions about why economically harmful policies such as tariffs, Brexit, or immigration restrictions gain popular support. Conventional explanations focus on economic self-interest or cultural values; however, Beatrice Magistro's Who Thinks Like an Economist argues that the puzzle lies in how voters think. She introduces the innovative Economist Mental Model (EMM), which predicts attitudes toward trade, immigration, AI, and more. She explains that those adopting the Economist Mental Model are more likely to favor welfare-enhancing policies and prioritize cost-benefit information over partisan cues, while individuals with Alternative Mental Models (AMMs) show limited responsiveness to economic information and tend to support policies promising short-term relief at the expense of long-term welfare. Drawing on surveys and experiments in Italy, the UK, and the U.S., Magistro offers an indispensable guide for scholars and policymakers seeking to understand—and counter— the appeal of populist policies that ultimately harm society.
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Who Thinks Like an Economist?: How the Economist Mental Model Shapes Political Decisions
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Who Thinks Like an Economist?: How the Economist Mental Model Shapes Political Decisions
‘Beatrice Magistro offers a provocative and innovative account of the two distinctive mental models that shape policy preferences and political choices. She tests her argument by investigating public attitudes concerning issues as various as Brexit, globalization and AI. An important implication of her book is that teaching economic reasoning would produce a better-informed public capable of considering the collective and long-term – not just the individual or immediate – consequences of important societal decisions.' Margaret Levi, Professor Emerita of Political Science, Stanford University
Published date: Jun 25, 2026
Language: English
No. of Pages: 200
Publisher: Cambridge University Press
ISBN: 9781009763646
Dimensions:
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