Basic Econ of Behavior: Humans flock, school, swarm and organize to exploit all

Basic Econ of Behavior: Humans flock, school, swarm and organize to exploit all opportunities – until we exhaust the opportunity. We use law to prohibit seizing opportunities. We don’t yet prohibit seizing the production of credentialed(vs meritocratic) ‘elites’. Markets do so.


Source date (UTC): 2022-07-25 16:27:25 UTC

Original post: https://twitter.com/i/web/status/1551605049775751168

Reply addressees: @whatifalthist

Replying to: https://twitter.com/i/web/status/1550524823511924736

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