QotD

[brynndragon]

"Logic is the opiate of those who are afraid of their feelings."

*dons asbestos suit*

EDIT: We have competition for QotD: "Teach a man to fish, and you feed him for a lifetime. Give him ramen noodles, and you don’t have to teach him anything." (from Momofuku Ando's obituary)

Comments

study

[robertdfeinman.livejournal.com]

There is a sub-branch of economics devoted to the study of rational irrationality.

Just thinking about such a possibility helps explain much of human behavior.

Re: study

[benndragon.livejournal.com]

You know, that makes me feel warm and fuzzy. Probably because my dad did econ in college and gave me many lessons in basic economic theory during the 30-45 minute drive to school.

Re: study

[null4096.livejournal.com]

I think one term is 'post-autistic economics'. The whole idea that everyone is a profit-maximizing sociopath named Economic Man isn't quite accurate. Although I suspect when it comes to the behaviors of corporations, it may not be too far from the truth.

Come on, any science of economic behavior that can't explain advertising is seriously flawed.