by Summary:
One of the key principles of economic behaviorism which is seen repeated in such popular manuals as Freakonomics, Nudge, Predictably Irrational, The Wisdom of Crowds, and Animal Spirits, is that humans are both biologically determined due to their Darwinian impulses, but, unlike other animals, have the fatal flaw of being fundamentally irrational at their core. Since humans are fundamentally irrational, says the behaviorist, it is requisite that an enlightened elite impose “order” upon society while maintaining the illusion of freedom of choice from below.
Topics:
David Stockman considers the following as important: Historical Archives
This could be interesting, too:
One of the key principles of economic behaviorism which is seen repeated in such popular manuals as Freakonomics, Nudge, Predictably Irrational, The Wisdom of Crowds, and Animal Spirits, is that humans are both biologically determined due to their Darwinian impulses, but, unlike other animals, have the fatal flaw of being fundamentally irrational at their core. Since humans are fundamentally irrational, says the behaviorist, it is requisite that an enlightened elite impose “order” upon society while maintaining the illusion of freedom of choice from below.
Topics:
David Stockman considers the following as important: Historical Archives
This could be interesting, too:
David Stockman writes Uh-Oh!
David Stockman writes Monetary Magic And Minsky Moments
David Stockman writes Down With The President—Any And All Of Them!
David Stockman writes Tuesday
One of the key principles of economic behaviorism which is seen repeated in such popular manuals as Freakonomics, Nudge, Predictably Irrational, The Wisdom of Crowds, and Animal Spirits, is that humans are both biologically determined due to their Darwinian impulses, but, unlike other animals, have the fatal flaw of being fundamentally irrational at their core. Since humans are fundamentally irrational, says the behaviorist, it is requisite that an enlightened elite impose “order” upon society while maintaining the illusion of freedom of choice from below.
