• Rikudou_Sage@lemmings.world
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    1 year ago

    I would pinpoint this:

    Our research does not reject the notion that individual behavior and decision-making may directly relate to upward economic mobility. Instead, we narrowly conclude that biased decision-making does not alone explain a significant proportion of population-level economic inequality

    It was kinda obvious to pretty much everyone but it’s still nice (and important) that there’s an actual study confirming this.

  • swiftessay@lemmygrad.ml
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    1 year ago

    It’s nice that neoclassical economics is now verifying with their methods what we know since… the 1830s maybe?

    I mean, yeah I’m being ironic. But it’s nice to have quantitative verification.