Occasional Tweets: From behavioral microfoundations to systemic macrofoundations

 

#Greed is an issue for #Psychology/#Sociology. #Economics deals NOT with human nature/motives/behavior/action but with the behavior of the economic #System. #MicroFoundations inevitably yield proto-scientific garbage.

The Science-of-Man Fallacyhttps://t.co/0h4hGuqYHr pic.twitter.com/R6h6Ey7N0m

— E.K-H (@AXECorg) January 5, 2022

For more about microfoundations see AXECquery.

For more about macrofoundations see AXECquery.