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Thread: US Citizens fighting Recession
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Old 12-04-2022, 12:54 PM
jimjamuser jimjamuser is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
1950's based rational humans' decision theory has been totally debunked with behavioral economics. No better than home economics. Totally ignores emotional bias decision making by humans who can easily fool themselves

as seen in the last two years with too much money floating around, and how humans make very poor suboptimal decisions, or reflected in bitcoin/tulips.

Finance/portfolio theory a much more practical decision making course.
I can basically agree with that. Well stated. Economics 101 was merely a relatively easy course designed as an introduction only.