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When we trust the machines, their model of rationality will prevail. Just when the narrow cookie man (with all the important societal dough tossed aside) HOMO-ECONOMICUS was beginning to be questioned, he will be replaced with MACHINA-ECONOMICUS! Assuming economists will get other their problems Bayesian Inference. Note: http://www.paecon.net/PAEReview/issue93/Daneke93.pdf

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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