What is "rational". I don't think that this theory assumes anything about "ratio... | Hacker News

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		anthony_r on April 5, 2020 \| parent \| context \| favorite \| on: Startups are pummeled in the ‘great unwinding’ What is "rational". I don't think that this theory assumes anything about "rationality". It's many of the other economic theories that are built on the pinnacle of "rationality".

Marazan on April 5, 2020 [–]

I mean, the fact that ABCT is not backed up historical events either is a bit of a blow to its credibility.

anthony_r on April 6, 2020 | [–]

Have you ever seen the chart of fed funds rate with shaded recessions?

https://fred.stlouisfed.org/series/FEDFUNDS

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