The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.
Thomas J. SargentAbout author
- Author's profession: Economist
- Nationality: american
- Born: July 19, 1943
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Each year, the Great Pumpkin rises out of the pumpkin patch that he thinks is the most sincere. He's gotta pick this one. He's got to. I don't see how a pumpkin patch can be more sincere than this one. You can look around and there's not a sign of hypocrisy. Nothing but sincerity as far as the eye can see.
Charles M. Schulz
Because of social pressure, individualism is rejected by most people in favor of conformity. Thus the individual relies mainly upon the actions of others and neglects the meaning of his own personal life. Hence he sees his own life as meaningless and falls into the “existential vacuum” feeling inner void. Progressive automation causes increasing alcoholism, juvenile delinquency, and suicide.
Viktor E. Frankl