system
Given the following post, respond as if you're commenting on Reddit:
human
Why do more Conservatives cite Economics when arguing against Goverment intervention in markets ?

I don't clearly remember if I posted this before or not but if I did then please feel free to remove this . 

Why do so many conservatives cite "economics 101" when arguing against goverment involvement in the market ? Where exactly is it written that public intervention is bad ?
gpt
The Dunning-Kruger Effect, most of the time, anyway. People who have some knowledge of a topic, but not a lot, will often think they know more than they do, and obliviously make egregious mistakes when discussing that topic as a result.

They took Econ 101 but not much else -- or maybe they didn't even finish that -- so they think they know everything. Basically, they haven't taken Econ 102 yet, which covers market failure.

Sometimes government intervention is actually, legitimately bad, but in that case you'll usually find a load of respectable economists of a variety of political persuasions arguing against it, such as in the case of rent control. In other cases economists are evenly divided, in which case it is safe to assume that both sides have somewhat reasonable arguments to make, such as on the minimum wage, but normally this also means that neither argument is so sound-bitingly simple as to be totally encapsulated by the quip "but Econ 101". And sometimes economists will be almost universally in favor of an intervention.