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Tag: Theory of Imitation

Rationality and Economics

April 23, 2018 Homo Stupidus

In The Theory of Imitation, when discussing the philosophical origin of science, I observed that these disciplines, such as physics, chemistry, astronomy, biology, medicine, and

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Happiness is not the Same as Utility: Maximizing One’s Utility is not the Best Model

April 6, 2018 Homo Stupidus

In several other essays, I have severely criticized the founding of what is erroneously called the Nobel Economics Prize, since Alfred Nobel never founded a

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The Flaws of Meritocracy

March 31, 2018 Homo Stupidus

In the past, and even today, it was common in hierarchical or traditional societies for the sons or, less commonly, the daughters of prominent individuals

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The Fallacy of the Prisoners’ Dilemma

March 6, 2018 Homo Stupidus

The prisoners’ dilemma, based on a paper written by Merrill Flood and Melvin Dresher in 1950, has become the paradigmatic example of game theory, which

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The Sherlock Holmes Fallacy

January 8, 2018 Homo Stupidus

The detective stories written by Arthur Conan Doyle featuring his legendary protagonist Sherlock Holmes have been read by many millions of readers. Fairly early in

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Contents

  • Act I: Philosophical Misadventures
  • Act II: Free-Market Folly: Why Economics is not a Science
  • Act III: The Glorious Miracle of Life
  • Act IV: Our Relationship with God
  • Act V: The Only Way Forward is the Way Back
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