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Personally, I don't see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption. ↗
I used to have 30 different species of tarantulas, as well as two Australian scorpions that are considered the deadliest in the world. If stung by one, a person would die in 30 minutes. But when I had kids I had to get rid of them, of course. Those were intense! ↗
