Tag Archives: rich

Posted on July 11, 2012 by isomorphismes

@UnlearningEcon lamented the deviations-from-Pangloss framing of neoclassical economics. Normal economic theories take perfection (optimality) as a starting point and ask how real-world “market imperfections” differ from the putative abstract-free-market ideal. (That “the free market” is an abstract ideal can be verified … Continue reading →

Posted in Uncategorized | Tagged applying a formula, Ayn Rand, belief, cart, deviations from ideal, economics, etale, fiction, formulae, frames, framing, government versus markets, hypnotism, libertarianism, logic, market imperfections, mathematical modelling, optimality, optimisation, optimum, Pangloss, Panglossian, poor, reasoning, rich, systems of reasoning, the free market, the ideal case, theory, wealth | Leave a comment

Posted on January 29, 2012 by isomorphismes

Bob Kenny says [great wealth] isn’t always worthy of envy, and is certainly not worth sacrificing one’s life to attain. “If … people … know that getting the $20 million or $200 million won’t necessarily bring them all that they’d … Continue reading →

Posted in Uncategorized | Tagged desire, economics, envy, happiness, Leontes, life, money, rich, self, self versus other, Shakespeare, super-rich, super-wealthy, The Winter's Tale, utility theory, vino, wealth, William Shakespeare, wine | Leave a comment

Tag Archives: rich

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