Greetings Economists,
On Oct 23, 2008, at 12:14 PM, Doug Henwood wrote:
Yup. And you're just a collection of pixels on my screen. Who knows
if you exist? You could just be the product of electrons on a jag.
Doyle;
Not exactly the same. Your questions are more philosophical than my
note. If I have an aggregate of people and they do something in an
economy like buy a lot of baseball cards expecting to see it explode
in value, or use the slot machine until they are broke, one could call
that over confidence. But without saying more about that state of
feeling, having a grounding in what actually happens with feelings, it
seems to me hardly worth saying the word phrase 'over confidence' when
one could just as easily use statistics to describe the same behavior.
In a larger sense of your observation I have no doubt of my existence
or yours. But I don't know what you are feeling. You could say what
you are feeling, but if one read those words a week from now those
feelings would have changed in you. What connects feelings to word is
the question I am asking of 'over confidence', how does one know what
is happening with over confidence? Especially groups of people. I
can say fairly confidently Max is not measuring feelings, he measures
actions. Which puts feelings in a black box sort of like old school
Skinner behavioral psychology.
thanks,
Doyle Saylor
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l
