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View Diary: Nobody ever lost money betting against peace in the Middle East (66 comments)

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  •  I'm an economist too (3+ / 0-)
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    zannie, soysauce, simone daud

    The part of my brain normally devoted to morality was lobotomized and replaced with game theory.

    No, that part of your brain was replaced by the delusion, carefully nourished by neoclassical economics, that you actually engage in a positive, non-normative science that is value-free. On that, I call bullshit. Economics reeks of premises that are heavily value-laden about markets, human economic behavior, social welfare, individual utility and so on. The world cannot be considered independently of our beliefs about world. Go read Rationality in Econmics by Shaun Hargreaves Heap or on Ethics and Economics by Amartya Sen.

    Buffy: "Your logic does not resemble our earth logic" Xander: "Mine is much more advanced". BtVS, The Wish.

    by Fire bad tree pretty on Sun May 23, 2010 at 05:11:46 PM PDT

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