Being Secure is > Working to be secure > Not being secure > being secure
It is not much of a loop unless you repeat it. If the re-Bohemian becomes a re-office worker, we have a loop. Otherwise, we have an experiment that did not work. The actual preferences described sounded more like:
(Inaccurate) expected value of being secure > Not being secure > (Actual value of) being secure > Working to be secure
where the Bohemian was willing to endure the lowest point to reach the highest point, only to discover his incorrect expectations. I expect, however, that the re-Bohemian period shortly after liquidating everything from the security period will be a lot of fun.
Being Secure is > Working to be secure > Not being secure > being secure
It is not much of a loop unless you repeat it. If the re-Bohemian becomes a re-office worker, we have a loop. Otherwise, we have an experiment that did not work. The actual preferences described sounded more like: (Inaccurate) expected value of being secure > Not being secure > (Actual value of) being secure > Working to be secure where the Bohemian was willing to endure the lowest point to reach the highest point, only to discover his incorrect expectations. I expect, however, that the re-Bohemian period shortly after liquidating everything from the security period will be a lot of fun.