No longer science fiction.
this post was submitted on 23 Mar 2025
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If DEI made companies more money it wouldn't have to be legislated, would it. Anyone with a smidge of business sense would absolutely crush it by hiring all the people that racists routinely overlook.
Never assume rationality in an irrational world. We don't live in econ 101 class where the assumption of rational actors is used to simplify equations for freshmen.
Putting Rational Actors in Their Place: Economics and Phenomenology
Law and Behavioral Science: Removing the Rationality Assumption from Law and Economics
If rationality is overrated and DEI is rational, isn’t this an argument to discard it? Conversely, if it isn’t, isn’t this an argument that DEI is irrational?
It was not claimed that rationality is overrated.
Yeah, no, that is exactly what was claimed.
The assumption of rational actors is standard practice in economics, basically every single theorem depends on that. When I pointed out that racism isn't rational, the argument changed to "well, you can't assume that everyone is rational".
Yes. I know. I have a fucking degree in this field. Believe it or not, people have figured out how to deal with that problem a long time ago. Look up the Efficient Market Paradox, and you'll see why rationality is still a sensible assumption to make.