Most people would be more impressed with ernie ball cobalt slinky

Most people would be more impressed with ernie ball cobalt slinky
Psychology: A huge amount of research tells us that people are not the ernie ball hybrid slinky bass rational calculating machines of economic theory. Now sometimes the predictions of the theory can still be useful even when not everyone corresponds to the idealised “rational agent” (models are intended as rough descriptions that help you simplify and understand things, not as a literal description of the world). But sometimes non-rational behaviour is extremely important and one could argue that asset price booms and busts are an example of this.

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Most people would be more impressed with someone with a ernie ball evh first class hons in one of those subjects from a good university dept rather than yet another BComm graduate who regurgitated “Porter’s five forces” etc. (in much the same way as Inter Cert Commerce students years earlier they listed off “The advantages and disadvantages of advertising”).

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Including lectures on, a half assed approach to economics, long drawn out analogies, inciting/tapping in to mass hysteria and of course, influencing gullible politicans.

 

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