In the positive “gain” condition, we framed the fruit option positively. We initially presented it as a single piece of fruit, but, half the time that the apes chose it, we provided them with a second piece as well. The negative “loss” condition was identical, except that in this condition we framed the fruit option negatively. Here we presented the fruit option as two pieces of fruit, but, half the time the apes chose it, we took a piece back and only provided the ape with one. Even though in both conditions apes who chose the fruit option received identical payoffs—a 50-50 chance of getting one or two pieces of fruit—they chose the fruit option significantly more when it was framed positively than when it was framed negatively: apes, too, make irrational economic decisions.No, idiot. There's nothing irrational about sticking with a vendor you trust. There's nothing irrational about DISLIKING THEFT. There's nothing irrational about PREFERRING TO KEEP WHAT YOU'VE GOT. All of these preferences are NATURAL AND MORAL AND RATIONAL by all traditional definitions of morality AND RATIONALITY. Down to basics: An economic system is supposed to serve HUMANS, not to serve some abstract theory that CONSTANTLY VIOLATES HUMAN NEEDS. A system of trade and business should be COMPREHENSIBLE AND TRUSTWORTHY to normal humans. It should be a tool they can rely on, not a monster that starves them. When you design a system that constantly violates normal human senses, a system that consistently FOOLS PEOPLE, you are EXPLICITLY AND INTENTIONALLY designing a GLOBAL SCAM. You are designing a MASSIVE FRAUD. You are committing a TOTAL CRIME. But this isn't surprising when you consider who defines and formulates modern economics. The thieves design the system to favor the thieves.
Polistra was named after the original townsite of Manhattan (the one in Kansas). When I was growing up in Manhattan, I spent a lot of time exploring by foot, bike, and car. I discovered the ruins of an old mill along Wildcat Creek, and decided (inaccurately) that it was the remains of the original site of Polistra. Accurate or not, I've always liked the name, with its echoes of Poland (an under-appreciated friend of freedom) and stars. ==== The title icon is explained here. ==== Switchover: This 2007 entry marks a sharp change in worldview from neocon to pure populist. ===== The long illustrated story of Polistra's Dream is a time-travel fable, attempting to answer the dangerous revision of New Deal history propagated by Amity Shlaes. The Dream has 8 episodes, linked in a chain from the first. This entry explains the Shlaes connection.