The Economic Naturalist

The Economic Naturalist approach involves asking everyday questions about how the world works, then using economic principles to find explanations. It encourages curiosity about common phenomena—like why airlines overbook flights or why gas prices fluctuate—by examining incentives, costs, and benefits. This method helps reveal hidden economic logic behind regular experiences, making complex ideas more understandable. Essentially, it’s about applying economic thinking to ordinary situations to uncover insights about human behavior and market dynamics.