Indeed. I really wish that evidence showed that to be the case, instead, it’s the fallacy that Chicago School economics falls for. Humans are NOT rational actors, at least, not all the time. There are also anti-social actors involved attempting to game the system for their benefit at others’ expense. Lots of things to account for where current economic systems abjectly fail to provide a fair and equitable society, often intentionally so.
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Indeed. I really wish that evidence showed that to be the case, instead, it’s the fallacy that Chicago School economics falls for. Humans are NOT rational actors, at least, not all the time. There are also anti-social actors involved attempting to game the system for their benefit at others’ expense. Lots of things to account for where current economic systems abjectly fail to provide a fair and equitable society, often intentionally so.
removed by mod