Marco.org

I’m : a programmer, writer, podcaster, geek, and coffee enthusiast.

It is no longer tenable for economists to claim that the self-regarding, rational actor model offers a satisfactory description of human decision making.

— James M. Gowdy, Behavioral Economics and Climate Change Policy (via squashed)

Hasn’t this always been the case? Conventional simple economics models are always inaccurate because a non-negligible portion of people don’t behave rationally and in their best interests.

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