the problem is with this is it is trying to apply sober analysis to a drunk man

Reply to this note

Please Login to reply.

Discussion

smart reasoning would keep you from starting down this path to begin with, but here we are. Just like you can't tell which way a drunk man will sway, you can't assume they will swerve back because it will keep them upright longer.

I feel like I say this every week but the problem with economics is that it bases all analysis on the supposition that actors in a market act rationally.