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Showing posts with the label alien invasion

Decision Making as Output and Bounded Rationality

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  The classical economics theories proceed on the assumption of rational agents. Rationality implies the economic agents undertake actions or exercise choices based on the cost-benefit analysis they undertake. The assumption further posits that there exists no information asymmetry and thus the agent is aware of all the costs and benefits associated with the choice he or she has exercised. The behavioral school contested the decision stating the decisions in practice are often irrational. Implied there is a continuous departure from rationality. Rationality in the views of the behavioral school is more an exception to the norm rather a rule. The past posts have discussed the limitations of this view by the behavioral school. Economics has often posited rationality in the context in which the choices are exercised rather than theoretical abstract view of rational action. Rational action in theory seems to be grounded in zero restraint situation yet in practice, there are numerous restra
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Woke, Archaeology and Alien Civilization Theory

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There is rather an esoteric article published on the CNN site. The article talks about archaeology which per se should not seem unusual. The link to the article is tweeted by the CNN Africa twitter handle. That again should not sound unusual. But what is unusual is the content of the article. It talks about the long standing esoteric theory of aliens responsible for civilization and thus many wonders of the ancient world thus attributed to them. These include the pyramids in Egypt to stone built structures in remote Easter Island as also in Stonehenge to Nazca lines in Peru. This unusual sort of an article is enough to rile up archaeologists across.   It is natural for archaeologists to criticise these theories that seem outlandish. There is enough work done by archaeology that seem to point to the human origins to the building up of these ancient works. Yet the tone rather than pointing to the evidence for the human origins is pointing towards something else. This is the era of
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