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> I think economists neglect to include an obvious factor In general, if you ever find yourself thinking that an entire discipline is neglecting an obvious fac
by solveit 5y ago
> I think economists neglect to include an obvious factor
In general, if you ever find yourself thinking that an entire discipline is neglecting an obvious factor, you should check whether that's actually true. I am pretty sure that your phenomenon of opportunistic price-hikes at reports of irrelevant inflation is either
1. Well-understood to not happen.
or
2. Somebody's PhD thesis.
- canada_dry 5y ago> find yourself thinking that an entire discipline is neglecting an obvious factor Fair. Perhaps I'd rephrase it to "economists might be able to better understand the inflation phenomenon by recognizing that people are - by nature - greedy opportunists".