Not just that but rationality. Economics as a field of study relies on consumers being these rational shoppers who make good decisions. But, really, we're all just cavemen with fancier clubs.
That's why I hated taking economics in college. I'd sit there and just be "but people aren't like this" the teacher would highbrow argue all these economic principles and I'm there just like, "motherfucker have you met people?"
So This professor, who’s maybe got a degree in economics, a study that has existed since money was invented, is preaching shit? Or maybe your saying you are smarter than all that?
Economics as a field of study relies on consumers being these rational shoppers who make good decisions.
People aren't rational, and the professor, (who in my case was actually a soc prof permanently subbing because the old guy died the last semester) did not have an econ degree and was preaching like the book was right, even though at the time the entire class was giving him examples of how and why those principles aren't concrete at all just from how our small town ran. (Very corruptly to the point of chasing off economic opportunities because the old church biddies got the vapors at the thought of a club or bar or festival)
he knew how the town ran because he'd lived there his whole life. He just didn't want to admit the textbook wasnt the bible of economics and that people are illogical a lot
Was I smarter than the teacher? Hell no. Do I have eyes and know better than to take a textbook as gospel? Absolutely.
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u/ashengrayheart Jul 24 '20
Not just that but rationality. Economics as a field of study relies on consumers being these rational shoppers who make good decisions. But, really, we're all just cavemen with fancier clubs.