AlexanderEarlheart
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AlexanderEarlheart has not written any posts yet.

AlexanderEarlheart has not written any posts yet.

You are right, theory is overrated. Just because you don't have a theoretical justification for commencing an action doesn't mean that the action isn't the right action to take if you want to try to "win." Of course, it is very possible to be in a situation where "winning" is inherently impossible, in which case you could still (rationally) attempt various strategies that seem likely to make you better off than you would otherwise be...
As a practicing attorney, I've frequently encountered real-life problems similar to the above. For example, in a negotiation on behalf of a client, there is often what's called a "bargaining zone" that represents a range of options for... (read more)
The chart is flawed -- it doesn't contain numbers predating the Industrial Revolution, when many of the agricultural workers who lived off the land tended to be much happier than the overworked, depressed populations of today. What's the point of "productivity" if you don't have the free time to enjoy the fruits of your labor? Our current system is designed to benefit the people at the top, regardless of how much the exploited lower and middle class workers are paid.