What Is the Importance of the Economy and What Do People Really Want to Get From It?

drard thinks it's incomplete to view the economy simply as a bunch of rational utility maximizing agents trying to pursue things. In fact perhaps you should review a great part if not most of the economy as social spirited animals trying to win social glory, he says. The chinese are actually closer to the americans they're actually more prone to comparison and become envious right this was the famous tokeville principle that he observed in europe. When everything is on a leveling playing field the small the smallest of differences creates the greatest amounts of distress according to drart. He predicted us in china will enter into conflict with America but won't be a clash of civilizations because two cultures are radically