I’m not downvoting Eugine, because Vaniver’s interpretation is interesting. But I am upvoting b1shop, because the quotation does sound like Austrianism on a bumper sticker. So it applause-lights a false fringe theory associated with an anti-empirical intellectual community, in addition to plausibly generating specific false beliefs about economics and/or ethics if taken on its face. (Busts, or more generally human misery, are the reason ‘distortions’ and ‘not making sense’ are a bad thing in the first place; economies aren’t primarily maps.) It’s interesting and revealing in subtle ways, but misleading in banal and obvious ways.
I’m not downvoting Eugine, because Vaniver’s interpretation is interesting. But I am upvoting b1shop, because the quotation does sound like Austrianism on a bumper sticker.
I’m not downvoting Eugine, because Vaniver’s interpretation matches mine. I am upvoting Grant and downvoting b1shop because he claims that there is no rationality message despite the rather obvious cognitive biases that it relates to.
I will refrain from actively supporting the quote because it uses “the real harm”, which makes it a strong statement about relative harms of various activities when that constitutes at best a controversial claim and one that is open to rather a lot of interpretation. (I would endorse an “also” claim or even a “and the most interesting” claim.)
I’m not downvoting Eugine, because Vaniver’s interpretation is interesting. But I am upvoting b1shop, because the quotation does sound like Austrianism on a bumper sticker. So it applause-lights a false fringe theory associated with an anti-empirical intellectual community, in addition to plausibly generating specific false beliefs about economics and/or ethics if taken on its face. (Busts, or more generally human misery, are the reason ‘distortions’ and ‘not making sense’ are a bad thing in the first place; economies aren’t primarily maps.) It’s interesting and revealing in subtle ways, but misleading in banal and obvious ways.
I’m not downvoting Eugine, because Vaniver’s interpretation matches mine. I am upvoting Grant and downvoting b1shop because he claims that there is no rationality message despite the rather obvious cognitive biases that it relates to.
I will refrain from actively supporting the quote because it uses “the real harm”, which makes it a strong statement about relative harms of various activities when that constitutes at best a controversial claim and one that is open to rather a lot of interpretation. (I would endorse an “also” claim or even a “and the most interesting” claim.)