Former student Quinn Connolly translates
Jordan Peterson’s Rules for Life into economics:
- Signaling, “Stand up straight with your shoulders back.”
- Moral hazard. Rule No. 2 is “Treat yourself like someone you are responsible for helping.”
- Asymmetric information. Rule No. 9 is “Assume that the person you are listening to might know something you don’t.”
- Short-termism. ...shortsighted thinking can be used to justify absolutely anything and therefore “breeds nothing good.”
- Future Value. “Pursue what is meaningful, not what is expedient.”
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