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Re:The AI Misinformation Epidemic by CuriouslyC on Tuesday March 28, 2017 @09:14AM (#13976270)
On a deeper level, economists generally don't know what they're talking about. They create linear models of nonlinear systems, they assume Gaussian distribution when fat tails are common and their assumptions about rationality don't align with people's actual behavior. Trusting the models of economists to manage economies gives us the ability to trade a little bit of efficiency for a large amount of risk.
Re:The AI Misinformation Epidemic by mcguire on Tuesday March 28, 2017 @03:03PM (#13979582)
References:

Steve Keene, Debunking Economics. Ignore everything but the actual arguments.

Richard Thaler, Misbehaving.