Ha ha. My economist loves to remind me that while individuals are weird, crowds are incredibly predictable.
Economist: so imagine everyone is behaving rationally. Me: dude I can't even imagine one person behaving rationally...
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Economist: Imagine rationality is instrumental and is the same as cleverness
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That's why mainstream economy sucks.https://mises.org/about-mises/what-austrian-economics …
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Thanks, looks interesting, I'll read it.
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this is weird because I just saw my old economics professor at the bank.
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Yes, but isn't it weird that on aggregate we mostly seem to?
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economists mean something entirely different w/ the word rational though, but I forgot. Please comic about it :)
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Economists are not rational.
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