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Unformatted text preview: value judgement. As a positive economist, we are trained to temporarily remove our emotional overcoats and look at economic choices based on their objective costs and benefits. I will ask you to do the same thing in here from time to time. It is difficult to do, because your emotional overcoat is stuck to you like glue. It does not like to come off of you. It is as if it is magnetized to you. But sometimes our emotional overcoat can cloud our ability to make choices, interfere with our rational thought processes. Sometimes we need to look at things from a very cold hearted perspective first in order to clearly evaluate our choices. Once we have a cold hearted evaluation, then we can put our emotional overcoats back on and make the a final decision based on the economic and non-economic forces at hand....
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- Fall '10