Re:Chinese Money in the U.S. Dries Up as Trade War Drags On
by chiefalchemist on Sunday July 21, 2019 @02:41PM
(#20492926)
The problem with economic theory is that it assumes people are rational. There is absolutely zero historic record to support that. Until economics embraces reality it's foolish for the rest of us to hold a false god so high.
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Re:Chinese Money in the U.S. Dries Up as Trade War Drags On
by dodobirdlord on Sunday July 21, 2019 @05:13PM
(#20493709)
> The problem with economic theory is that it assumes people are rational.
No, it doesn't. [0]
> There is absolutely zero historic record to support that.
Yes, there is. [1]
> Until economics embraces reality it's foolish for the rest of us to hold a false god so high.
Sorry to be kinda blunt here, but I'd like to appeal to you to try to maintain a higher standard of discourse on HN.
Re:Chinese Money in the U.S. Dries Up as Trade War Drags On
by chiefalchemist on Monday July 22, 2019 @07:06AM
(#20496874)
What % of economists are versed and apply Behavioral Economics?
Ironic. Your reply does more to support my point than your own.