Rethinking Economic Models

This chapter explores the limitations of traditional economic models focused solely on individual decision-making, advocating for a broader perspective that includes social interactions and community well-being. It discusses the potential and constraints of universal basic income in meeting communal needs, while emphasizing the role of social connections in assessing economic policies. The speakers highlight the ethical implications of economists' analytical approaches and the need for humility in policy-making within the context of complex social dynamics.