I am an economist/engineer. I studied "Commercial Engineering" in Belgium in the nineties, and was quite an avid learner of economic theories large and small at the time. I did however, always kind of find myself uneasy at economists insistence on the rationality the homo economicus, as I knew, and observed all around me, that people were far from rational. That's why, ever since I learned of its existence, I have been a big fan of the field of behavioral economics - which actually tries to formulate ecomic theories that are real, and often times, irrational. I fondly remember first reading Dan Ariely's Predictably Irrational, and learning about some of the crazy biases that he observed and DESCribed. And Nobel-prize-winning Daniel Kahneman has been a hero for decades. I think about the Framing Effect) and Prospect Theory almost on a daily basis.
It all started with a tweet
So you can imagine my excitement when I learned about this tweet:
Should be taught to all at a young age pic.twitter.com/GlVkjcdhah— Elon Musk (@elonmusk) December 19, 2021