yeh, i'm not calling into question the method of economic reasoning.  More calling into question the kind of commentary you see on CNBC, y'know where they say things like re-using your old printer instead of buying a new one may be good for your wallet but bad for the economy.


I think it’s more of a reminder that there’s lots of weirdly connected stuff in our utility functions. 

The normal ceteris paribus reasoning is mostly fine. We’re just overlooking a bunch of tradeoffs that involve difficult to measure goods. 

Undisciplined

econ

America is richer than ever. Why is it so unhappy?

0xbitcoiner

Seems like it calls into question a lot of economic orthodoxies too, including perhaps some Austrian ones 