Jakra on Nostr: “Economists assume that people will make choices in their own self-interest. They ...
“Economists assume that people will make choices in their own self-interest. They will choose those things that provide the greatest personal benefit, and they’ll avoid or forego those that aren’t as personally valuable and compelling. That’s what we mean by the assumption of rationality.” - weird that economics is based on the assumption of rationality, but welfare recipients are assumed not to be rational. #auspol #centrepay #servicesAustralia
Published at
2024-08-03 01:03:08Event JSON
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