economics
2 statements across 2 episodes · 0 bullish · 0 bearish · 2 people on the record · first statement Jan 2, 2019 by Joel Mokyr · across every show →
Everything said about economics, oldest first
Jan 2, 2019
Jan 2, 2019
Seemingly Irrational Historical Rituals Are Actually Rational Economic Behaviors
“People engage in all kinds of stuff that seems batshit crazy, but if you examine it through the lens of economics, if you just think about it in terms of basic constraints, you know, the limitations that people confront given their environments and the incenti…”