I thought studying economics meant learning how economies work everywhere. That the models were neutral and universal. Then I saw what happens when these models are applied in the real world and realized how quickly things fall apart. Most economic degrees don’t tell you they're handing you one intellectual tradition among several and calling it universal. The models just get presented as “how economies work”. The Washington Consensus demonstrates a clear example of what this costs; of how “neut

#thoughtdaughter | sunk cost fallacy

Let's update trickle down economics | trickle

An agitated bull bison barrels through a Yellowstone campground and sends a visitor flipping through the air in a terrifying attack caught on camera. Witnesses say the man and his grandson were keeping their distance when the animal suddenly targeted them after charging a group of children just moments before. Bystanders ran toward the bison to distract it after the man hit the ground, fearing the animal would attack again as emergency crews rushed to the scene. The victim reportedly suffered se

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No estoy loco señores, pero esto me dejó frío 😰 | the economist