Abstract
Developmental psychology can shed light on (1) the intuitive systems that underlie folk-economic beliefs (FEBs), and (2) how FEBs are created and revised. Boyer & Petersen (B&P) acknowledge the first, but we argue that they do not seriously consider the second. FEBs vary across people (and within a person), and much of this variation may be explained by socialization, social context, and social learning.
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