pull down to refresh
75 sats \ 1 reply \ @Undisciplined 3h \ parent \ on: America is richer than ever. Why is it so unhappy? econ
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.
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.
reply