The Coin Files on Nostr: Aggregating human behavior in modern economic models is flawed and misleading. It ...

Aggregating human behavior in modern economic models is flawed and misleading. It oversimplifies diverse, irrational human actions into unrealistic, rational models. This approach ignores emotional, social, and cultural influences, leading to inaccurate predictions and as a result harmful policy decisions that affect everyone. It's a dangerously narrow view of complex economic realities.

We are at the mercy of a few individuals that are running the global monetary system using a flawed and unrealistic scientific approach to a non-scientific matter.

#Bitcoin fixes this.