March 5, 2012 at 10:04 am
#39213
Participant
@alex: Wrong. You’re trying to tell an Econ major what economics concerns itself with. There is a field of Economics called “normative economics.” In this sub-field, ALL factors–INCLUDING emotion, or ANY OTHER factor– are considered part of a person’s “utility function.” I’d like to think that I’d know when an economic argument I make is “flawed.”