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And ironically enough the economics world has known that this naive perspective of microeconomic market rationality trumps all human behavior hasn't been true f
by jasonwatkinspdx 5y ago
And 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.