3 ms·
You put the word disproving in quotes, but the parent post did not use that word or claim to be disproving the entire discipline of economics. Your knee-jerk re
by GHFigs 17y ago
You put the word disproving in quotes, but the parent post did not use that word or claim to be disproving the entire discipline of economics. Your knee-jerk reaction here typifies why so many avoid studying the subject at all.
Also, that "psuedo-intellectual observation" won Herbert Simon a Nobel Prize (in Economics) in 1978. I don't see how it's far-fetched or "ignorant" to suggest that healthcare decisions are made by boundedly rational satisficers rather than perfectly rational optimizers.