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The creative society by Lars Tvede

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CREATIVITYAND CULTURE

It is frequently assumed in economic models that people are all the same. They are all, to put it in techno-speak, “rational agents”, who make logical choices like Adams Smith’s rational butcher, brewer and baker. It is then assumed that if you stuff that into a computer, it can spit out decent predictions for prices, production and more. Of course, you also have enter assumptions about capital input, savings and other variables, but if it’s all there, the models should tell you what will happen.

The problem is this that people’s cultures are incredibly different, and what might work in one culture, say South Korea, ...

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