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<blockquote>"Seemingly irrational action is rational, that is, has an aim. To appraise it as irrational, the appraiser merely imposes some other external source of value."-Michael Rozeff </blockquote>
If and individual spends their life hunting for Bigfoot they are acting rationally as far ...(read more)
<i>"Psychology (evolutionary or otherwise) seems to be merging with economics already"</i>
Yes, and that's unfortunate because emotion is not all that important to understanding the business cycle. There is a perfectly good explanation that shows that an economy made of quite rational agents [in ...(read more)
"Why did the SuperHappies adopt the Babyeater's ethics? I thought that they exterminated them."
They only exterminated the one ship so that it wouldn't blow up the star.
For gosh sakes FarÃ© it's only a story.
I misread it just as Anonymous Coward did. I thought they killed the Babyeaters and head back on their (the Babyeaters) star line. Thus I thought AC's first solution was perfect. I also liked AC's second solution.
<p><i>"Sorry if I was overly brusque in my response."</i><br>
No, I don't believe you are sorry. I think you have a particular view on economics that colors your questions. You're looking for some angle to justify those beliefs. It's quite clear that the Austrians are correct about what is occu...(read more)
<i>"'Emergence';, in this instance, is an empty buzzword.</i>
Buzzword in this instance is a buzzword. This sentence is merely an assertion. I read that article before I wrote my argument. The phrase, "emergent behavior" and the word "emergence" have a specific meaning and it isn't about giving...(read more)
Stuart Armstrong ,
<i>"By 'comprehend the emergent behavior' do you mean that you have a vague intuitive feel for this, or that you have the equations relating interest rates to other factors, along with enough mathematical theory to make specific quantitative predictions?"</i>
If I believe that a...(read more)
<blockquote><i>Or you may have heard people talking about "emergence" as if it could explain complex, functional orders. People will say that the function of an ant colony emerges - as if, starting from ants that had been selected only to function as solitary individuals, the ants got together in a...(read more)
<p>No, sexual selection does not determine which mutations occur. It's merely a reinforcing feedback loop that is actually considered an example of how evolution can run off the rails, so to speak.</p>
<p>Sure females might by accident happen to pick a feature in males that might prove adaptive. ...(read more)