Most people, even if you explained to them what the economically rational choice was, would be reluctant to make it, because they value other things — in particular, they want to protect themselves from the downside of change.
Most people, even if you explained to them what the economically rational choice was, would be reluctant to make it, because they value other things in particular, they want to protect themselves from the downside of change.
"If you had said to me when I took this job in December 2005, would you take this position with 200 days to go, particularly if you explained the economic position the world would find itself in, I'd take it in a heartbeat.
If you explained to him why, say, Jeff Koons or Damian Hirst was not quite the monster he had imagined, he would listen patiently, and then sum up your wavering, hesitant hems and haws in a neat phrase: "Hmmmn…Well, Yes.
But if you explained to them how Google actually worked, they'd refuse to believe you.
But if you explained carefully, he would certainly understand what a particle accelerator like the Large Hadron Collider does.
