"You can tell time by the cry of 'Never again'...The future is obvious. Escalating suicide, the 20-year real-terms recession, the blackout, the plagues, those people falling onto the tracks, microhomes and governments' continued abuse of 'emergencies', are obvious. Yet many feel it a duty to portray shock of surprise when it comes along...Human beings aren't … Continue reading Cast Reason Aside
Tag: rationality
Tragedy of the Commons After 50 Years & A New Model of the Rational Actor
"[Elinor Ostrom] then developed a 'second-generation model of rationality' in which humans are 'complex, fallible learners who seek to do as well as they can given the constraints that they face and who are able to learn heuristics, norms, rules, and how to craft rules to improve achieved outcomes' (E. Ostrom 1998, p. 9). The … Continue reading Tragedy of the Commons After 50 Years & A New Model of the Rational Actor
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