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I might recommend a re-reading of Paul Romer on this point, which again, as any person who paid his rent and accumulated some serious wealth by having to make real funding choices with actual money, is a mannequin that rather more accurately describes the business world I’ve been in for the past four a long time.
I know if you’re unwilling to not assume that individuals are not super calculators who only care about maximizing a easy utility perform that solely includes current greenback consumption with no context, then you will think this is not an explanation. As a result of this lesson facilities on economic implications because of current occasions, let’s also define present events.
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