…But, at a concert in LA attended by screaming teens, he also learnt something about human behaviour that super-smart economists hadn’t figured out
‘Milton Friedman never met a teenage STAY’
I had always believed in the elegance of Milton Friedman’s world, one where rational expectations prevailed, and human beings behaved as though they had all read the same economic textbooks, I once underlined in college. That belief remained beautifully intact until the night I found myself surrounded by 27,000 screaming teenagers in sequined hoodies at a Stray Kids concert at SoFi Stadium, Los Angeles, clutching a light stick that glowed like a malfunctioning traffic signal.
I had always believed in the elegance of Milton Friedman’s world, one where rational expectations prevailed, and human beings behaved as though they had all read the same economic textbooks, I once underlined in college. That belief remained beautifully intact until the night I found myself surrounded by 27,000 screaming teenagers in sequined hoodies at a Stray Kids concert at SoFi Stadium, Los Angeles, clutching a light stick that glowed like a malfunctioning traffic signal.