this post was submitted on 20 May 2025
388 points (94.9% liked)
Political Memes
8104 readers
1852 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
No AI generated content.
Content posted must not be created by AI with the intent to mimic the style of existing images
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I personally think the biggest flaw of economics is how it takes "people are rational actors" as an axiom.
The fact that so many people can be convinced to vote against their economic best interests by supporting the GOP shows how fallacious that axiom is.
Literally in page one of econ textbooks they will say “a common exception to the rational actor theory is like when people need emergency medical services.” AND THEN they just ignore that GLARING caveat for the rest lf the book. Snake oil.
Another exception is how sometimes increasing prices will increase sales rather than the other way around.
Also a lot of the time, a discount will get more attention than the price itself. Like $1000 with a 60% markdown ($400 final) might sell more than the same thing at $350 with 0% markdown.
yessir! veblen goods https://www.investopedia.com/terms/v/veblen-good.asp