Service to the RTD station at Boulder Junction was shut down in 2020, with only limited restorations since. Courtesy: City of Boulder
There is a classic academic joke about economists: A group is stranded on a desert island with canned food but no way to open it. While others suggest practical solutions, the economist humorously proposes to “assume a can opener.”
The joke highlights the often overly theoretical nature of economic modeling, where assumptions can solve problems in abstract terms without considering real-world feasibility…