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> Economics doesn't care about your feelings or your dreams. This is an example of business thinking gone wrong. Economics prescribes behaviors to humans usin
by MrStonedOne 5y ago
> Economics doesn't care about your feelings or your dreams.
This is an example of business thinking gone wrong.
Economics prescribes behaviors to humans using logical and historical arguments, and tries work out how this scales up.
You can't use it to pretend humanity doesn't exist.
> If you need money to pay your bills and the only way to get that money is to work a shit job, you will work the shit job.
I think you'll find the rising homeless problem in every major city in america proves this wrong.
Sometimes you just get anxious and depressed until you fall into an addiction fueled rut and you end up homeless and clueless.
- femiagbabiaka 5y agoyep, and funny enough, both your reply and OPs comment show the limits of economics as any sort of explanatory science for the behaviors of people at scale. It’s at some level basically reading tea leaves.
- oliv__ 5y agoI think you'll find the rising homeless problem in every major city in america proves this wrong. How many millions of subsidies are being payed to handle these homeless people? LA alone dedicated a BILLION dollars to help fix this. Yet here we are.
- mbrodersen 5y agoHow many houses were built for those BILLION dollars to house homeless? My guess is zero.
- jasonwatkinspdx 5y agoAnd ironically enough the economics world has known that this naive perspective of microeconomic market rationality trumps all human behavior hasn't been true for quite some time. It's not like Kahneman and Tversky won the Nobel as some sort of fluke. It's a deflection by people who don't want to look at and address the problems of what's actually going on. And if you look at who makes these arguments, it's overwhelmingly one demographic category. Conclude what you want from that imo.