r/badeconomics • u/AutoModerator • May 24 '26
FIAT [The FIAT Thread] The Joint Committee on FIAT Discussion Session. - 24 May 2026
Here ye, here ye, the Joint Committee on Finance, Infrastructure, Academia, and Technology is now in session. In this session of the FIAT committee, all are welcome to come and discuss economics and related topics. No RIs are needed to post: the fiat thread is for both senators and regular ol’ house reps. The subreddit parliamentarians, however, will still be moderating the discussion to ensure nobody gets too out of order and retain the right to occasionally mark certain comment chains as being for senators only.
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u/FuckUsernamesThisSuc May 26 '26
A few weeks ago I was at a hockey playoff game and was chatting with the guy next to me. The guy lived in the suburbs of the city, and I was already in the city housesitting for family (I live elsewhere). We were in the (already expensive) nosebleeds. He mentioned, however, that he knew someone who drove 10 hours for the game. That guy had shelled out $2000 a ticket for inner bowl seats.
Always makes me smile seeing Alchian-Allen in the real world.
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May 26 '26
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u/db1923 ___I_♥_VOLatilityyyyyyy___ԅ༼ ◔ ڡ ◔ ༽ง May 27 '26
if you want to do policy work, why does getting top publications matter?
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u/joedaman55 Jun 03 '26
I was thinking about reading more about Herbert Simon's work, I'll probably start the book Administrative Behavior this weekend. Anyone read his stuff? Curious on people's view on his work and how well his theories have aged. Managing Satisficing is one thing I've noticed has been critical in optimizing business decision making.