The Gap between life and dead

Let me start with the rather famous quote "in the long run we are all dead" -J.M. Keynes.




While dead is a fundamental part of the life cycle, it is also the end of it. Jean Paul Sartre used to say that after dead the meaning of our existence lies in third parties that will still carry our memories.

Ok but what is life all about in the mean time dead comes around.

I am going to attempt to answer that by using some economic theory principles and some philosophy.

Under the economic premise that everyone is rational we can then "assume" that all our choices are made in our best interest. It is obvious that such assumption is wrong and it has been simplified/manipulated in order to somewhat explain human behavior. The truth is that we are all irrational in many different ways. I strongly believe that to some extent we all cheat ourselves in private. A very good example and proof of this is Steven Levitt's work. In which he attempts to figure out the discrepancies between what people declare publicly and what they actually do. (for more information check (http://www.freakonomicsbook.com/). Bottom line is that this world is rather ruled in a very irrational way... to be continued