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People are not rational. Mainstream economics is pre-Freudian... because they don't think about the subconscious mind. Daniel Kahneman... has proven … - John Komlos
" "People are not rational. Mainstream economics is pre-Freudian... because they don't think about the subconscious mind. Daniel Kahneman... has proven that rationality is impossible for mortals, human beings [with finite minds]... We're not superhuman.
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About John Komlos
(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.
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In all studies without exception, the positive relationship between social status and physical stature has been consistently documented in various societies and at different times. ...[E]ven in egalitarian America, social standing affected height throughout the nineteenth and twentieth centuries. In the wake of the New Deal, these effects became less pronounced as became less skewed.
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The US became a dual economy... which generated a lot of despair. Half the population is doing well and the other half is getting by... or getting by in very difficult circumstances... Trump would not have won otherwise in 2016. That's the basis of the Trump revolution... against... the political elite, the foreign policy elite, the intellectual elites.
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