What happens to economics once it admits people are not rational.
Two systems run your mind. One is fast, intuitive and often wrong; the other is slow, deliberate and lazy. The brief covers both, the three biases you will notice by dinner, and the odd fact that the self who remembers your life is not the one living it.
Luchino Visconti’s 1971 adaptation of Thomas Mann’s novella recasts its author protagonist as a composer and uses Mahler’s music, Pasqualino De Santis’s Technicolor cinematography, and Dirk Bogarde’s restrained performance to enact a slow, physical dissolution in Venice. Faithful in tone but not literal in detail, it prioritises mood, texture, and duration over narrative or psychology.
Evolutionary game theory is a precise, minimal framework that explains how genetically fixed behaviours persist without cognition. Its strength lies in its constraints — no rationality, no learning, no flexibility — and its explanatory reach is limited to frequency-dependent contests where inheritance and replication are well defined.
