News for hackers. Stuff that matters.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T... by kortilla on Wednesday August 07, 2019 @07:53PM (#20640461)
This armchair analysis of economics is wrong. Only a small portion of it assumes every person is a rational actor.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T... by sprafa on Wednesday August 07, 2019 @07:55PM (#20640471)
Unfortunately, because otherwise the models wouldn’t work. Tell you more about the models than people.