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goobster · 1928 days ago · link · · parent · post: Ergodicity - Bringing altruism and collaboration into economic theory
So, essentially, my understanding of economics (and the author's) are flawed, and economic theory does an excellent job of predicting outcomes that are not purely cost/benefit based. Which I don't believe, because I lived in LA in the 1970's. And, the EPA exists. It kinda sounds like I am being snide, but I'm not trying to. I just see Senators standing up with charts with no values on the X axis, and spouting reports from "Economists" that show something completely moronic. As a generic American, this is my full exposure to economics. I mean... I don't even balance a checkbook anymore...