Agreement and disagreement among economists Suppose that Hubert,an economist from a college in Pennsylvania, and...
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Economics
Agreement and disagreement among economists Suppose that Hubert,an economist from a college in Pennsylvania, and Kate, anothereconomist from a nonprofa institution in the Midwest, are bothguests on a popular science podcast. The host of the podcast isfacinating their debate over government intervention. The followingdialogue represents a portion of the transoript of theirdiscussion: Kate: The usefulness of government intervention in theeconomy is a long-standing issue that economists continue todebate. Hubert: I feel that government involvement in the economyshould be reduced because government proprams cause more harm thangood. Kate: While I do agree that government programs can beinefficient, I really think they are necessary to help the lessfortunate. The disagreement between these economists is most likelydue to
q,
differences in scientific judgments
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