Economists have, in fact, often been frustrated by public opposition to economic reasoning.
Now in both cases the opponents of conventional economic reasoning might be right.
Krugman asserts his argument through use of psychology, not economic reasoning.
Without a proper individual mandate, the idea of universality goes out the window, and so does much of the economic reasoning behind the bill.
Behavioral finance studies errors in economic and quantitative reasoning.
"There is no economic reasoning behind this so-called bubble," he said.
"This has been a figure that has been given to us without much economic reasoning," he said.
Decisions, he said, were made on the basis of ideology rather than sound economic reasoning.
Consistent with economic reasoning, marriage is growing among groups who benefit from marriage the most.
The case for addressing problems in immigrant health care includes a large body of both moral and economic reasoning.