Re:Economists who defend disaster profiteers are wrong
by Nursie on Tuesday April 14, 2020 @08:10AM
(#22864902)
> There isn't an alternative.
Of course there is - look at how people actually behave given various stimuli, rather than presuming enlightened rationality.
Enlightened rationality does not govern real actions, we know this, we have ample evidence of this, and making economic forecasts on this basis has been repeatedly exposed as a fools game.
Of course there is - look at how people actually behave given various stimuli, rather than presuming enlightened rationality.
Enlightened rationality does not govern real actions, we know this, we have ample evidence of this, and making economic forecasts on this basis has been repeatedly exposed as a fools game.