On Sat, Jan 11, 2003 at 03:45:40PM -0800, Fred Foldvary wrote: > --- fabio guillermo rojas <[EMAIL PROTECTED]> wrote: > > By that logic, animals are economic > > actors - animals seem to choose their actions. > > To some degree, to the degree that choice is involved, some animals are > economic actors. > However, most animals seem to be controlled by genetic programming > (instince), so choice is not involved, but the genetic behavior does indeed > adhere to economizing, otherwise the species would not survive. The > fittest are also the economizing. > > > when do humans start to engage in *sophisticated* economic behaviors not > > found in animals? For example, at what age are children able to > > understand the concept of interest? > > In terms of discounting the future, or what? > > > At what age do children understand that exchange can make you better off? > > When they understand that theft will not.
For some people, that's never!
