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A comment on Chinese Money in the U.S. Dries Up as Trade War Drags On. Parent comment

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.

[0]: https://en.wikipedia.org/wiki/Behavioral_economics

[1]: https://en.wikipedia.org/wiki/New_Keynesian_economics

[ Parent | 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.

[ Parent | on HN ]