They are the stick in the spinning wheel of the modern
marketplace.
4.
The former kind of operators obviously has a character problem. Yet,
there is a more problematic species: those suffering from serious
psychological problems, personality disorders, clinical phobias,
psychoneuroses and the like. This human aspect of the economic realm
has, to the best of my knowledge, been neglected before. Enormous
amounts of time, efforts, money and energy are expended by the more
"normal" - because of the "less normal" and the "eccentric". These
operators are likely to regard the maintaining of their internal
emotional balance as paramount, far over-riding economic
considerations. They will sacrifice economic advantages and benefits
and adversely affect their utility outcome in the name of principles,
to quell psychological tensions and pressures, as part of
obsessive-compulsive rituals, to maintain a false grandiose image, to
go on living in a land of fantasy, to resolve a psychodynamic conflict
and, generally, to cope with personal problems which have nothing to do
with the idealized rational economic player of the theories. If
quantified, the amounts of resources wasted in these coping manoeuvres
is, probably, mind numbing.
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