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| == [[Potemkin Village]] == | | == [[Potemkin Village]] == |
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| == Preference Falsification == | | == [[Preference Falsification]] == |
| Timur Kuran's theory brought forth in his book Private Truths, Public Lies.
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| Eric contests that the theory of [https://en.wikipedia.org/wiki/Preference_falsification Preference Falsification] is Intellectual Kryptonite. "Because your theory can be accommodated within the standard theory... the problem is that it is a ready made upgrade to the existing theory in which nothing is lost but new degrees of freedom are gained; and that could have an absolutely unpredictable effect on the entire field because it is at the level of the substrate." [https://youtu.be/xzjqjU2FOwA?t=4023 #4 Prof. Timur Kuran] @ 1:07:03
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| == Rent-seeking Elites == | | == Rent-seeking Elites == |