Economic Theories are Prescriptive, not Descriptive

One of the advantages of studying anthropology, sociology and archeology is that you know that while there’s probably such a thing as “human nature”  it has a vast range of expression.  Some societies are cooperative, sharing and kind, with virtually no hierarchy.  Others are hierarchical, cruel, domineering and full of people who ruthlessly compete with … Continue reading Economic Theories are Prescriptive, not Descriptive