4 ms·
I side with Taleb on the matter, the problem is that economists and economic arguments do not model reality nearly as much as they want it to, it gives an illu
by brbrodude 7y ago
I side with Taleb on the matter, the problem is that economists and economic arguments do not model reality nearly as much as they want it to, it gives an illusion of wisdom because the simple model seems coherent, it fails, they refuse to accept it, but still they enjoy trust and influence even though being wrong, catastrophically wrong, multiple times, and they remain at it, it's a kind of modern astrology, modern sophistry, etc(specially if you link that an illusion of knowledge will stand in front of a real one). Then everybody pays for it. In my mind the class of the economist is of the dark priest.
Btw it was economically rational for Germany to want to get strong expansionist & 'warry' since the Versailles Agreement probably meant they'd be made into a 3rd world or colonized country forever wouldn't they act upon it(there's a theory ww1 & 2 were actually the same ww). At the beginning of it too, if I'm not mistaken, their first aggressive actions were done on hoping to be able to keep the war localized as much as possible, that other countries would not want to pay the economic cost of chiming in(think Russia-Crimeia?), they didn't set out to start a World War, it just spun out of control. So obviously the categorization you made of "european supremacy" is void, since in the context it was irrelevant, they just saw themselves independently and seeking their own rational, economic, social, interests.