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Probably because people aren't rational actors.

Additionally, having read a bit of history recently[1][2] it seems there never has been a time where economic certainty, or any certainty about the future, was actually a thing for the majority of people on the planet, throughout all time.

Personal anecdote: I had said this very same thing for years until I had my first child. Interesting how perspectives.

1. The Better Angels of our Nature: Why Violence Has Declined - Steven Pinker

2. Bourgeois Dignity: Why Economics Can't Explain the Modern World - Deirdre N. McCloskey

Edit: I didn't downvote you, by the way.



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