I read the wiki page on public choice theory and eventually found a wiki page for The Myth of the Rational Voter [1] where they talk about rational irrationality [2]. The idea is that people are more likely to make…
Sorry it must be one of those days where I'm having trouble making the connection. Would you mind elaborating a little bit?
I think you're misunderstanding what I'm saying. I apologize for poor phrasing in the previous comment. Let me see if I can more clearly explain with an example. Imagine the question is, "Is purchasing food with money…
Assuming there's no coercion occurring, I would say yes.
Competition is what allows us to do more with fewer resources, which makes us all better off.
I read the wiki page on public choice theory and eventually found a wiki page for The Myth of the Rational Voter [1] where they talk about rational irrationality [2]. The idea is that people are more likely to make…
Sorry it must be one of those days where I'm having trouble making the connection. Would you mind elaborating a little bit?
I think you're misunderstanding what I'm saying. I apologize for poor phrasing in the previous comment. Let me see if I can more clearly explain with an example. Imagine the question is, "Is purchasing food with money…
Assuming there's no coercion occurring, I would say yes.
Competition is what allows us to do more with fewer resources, which makes us all better off.