"We have shed our blood in the glorious cause in which we are engaged; we are ready to shed the last drop in its defense. Nothing is above our courage, except only (with shame I speak it) the courage to TAX ourselves."
--James Madison, 1782
I read a bestseller a couple of years ago by a profesor who discussed various topics based on his studies of graduate students and he made a lot of inferences about economics from them--for the life of me I have forgotten the name of, but I remember hearing the criticism that a lot of his assumptions were based on the choices that undergraduate students made. It does make you wonder.
I've often wondered this too. With all the diverse cultures of the world, how much weight should we place on study of human psychology that is largely limited to late-modern "western" culture?
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