Re:A Cultural History of Fat
by DanielleMolloy on Monday February 25, 2019 @09:58AM
(#19246040)
A lot of our modern economy seems to be relying on human predisposition to addictions. Think sugar / carbs, alcohol, tobacco, certain games, news and social media and their recommendation engines. All exploiting similar neural pathways.
[ Parent
| on HN ]
Yup. The free market as the end to all means relies on several incorrect assumptions:
1) humans are not rational agents that always pursue their best interest
2) local optimization (what the market does) doesn't always lead to a global optimum
3) oftentimes the interest of investors and consumers diverge and the former have far more power (information asymmetry).