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Falsehoods programmers believe about economics
- midgetjones 10y agohttps://github.com/kdeldycke/awesome-falsehood https://github.com/kdeldycke/awesome-falsehood :)
- justratsinacoat 10y agoWell, this should prove to be an unpopular submission!
- all2well 10y agoI find the claim about there being no rational actors a bit odd. If that's the case, then how do economies work at all? At some level, most people must be able to act in their own interest to some degree.
- carsongross 10y agoIt boils down to complexity: Humans are designed to deal with an impossibly complex world. We have shortcuts that have developed to do so, called emotions, biases, gut feelings, instincts and so on. It is easy enough to manipulate these shortcuts, making a rational person act in a way most people would regard as irrational. This is called marketing, propaganda, gas-lighting or The Nobel Lie, depending on context.
- carsongross 10y agoEven leaving in the leftist trolling on the list, I know more programmers who would question many of those items than I know economists who would.
- helthanatos 10y agoAnd it's just a list with no explanation...
- deleted 10y ago[deleted]
- helthanatos 10y agoFalsehoods that are taught in econ 101: Keynesian economics, debt is good, and debt drives the economy.
- hellogoodbyeeee 10y agoYou can always tell someone is subscribing to quack economic theories whenever they use the term "Keynesian Economics" You'll never hear someone with actual training in economics use that term (outside of a history of economics lesson)
- helthanatos 10y agoI'm not sure what you mean.
- hellogoodbyeeee 10y agoThe only people that use the term "Keynesian Economics" are people who learned economics from blog articles and don't have any idea what they are talking about.
- helthanatos 10y agoOr out of a book and in college... A community college, grant it, but a college nonetheless.