In Reply to: Re: A theory of my own. posted by Jessica on September 25, 2001 at 23:14:53:
Speaking of which, I just can't understand how neoclassical economics could be based on something as simplistic as preferences and utility maximization. People are just not rational in the way that neoclassical economics says they are. All you have to do is look around the dorms to see that. I agree with Jessica that people are made the way they are by all kinds of influences, political, cultural, and economic. My preferences, if you can call them that, are always changing. For example, just taking this class has changed how I think about a lot of things. It's even changed how I think about clothes. I've begun to question whether I should be so loyal to Abercrombie and Fitch, for example. Isn't that sort of like the workers in Norma Rae who didn't want to talk union because they were so programmed to maintaining the status quo? Blind loyalty to something or someone who doesn't care about you or even know who you are? Just late night thoughts.
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