Tag: irrationality

A Few More Thoughts on Rationality

In continuation of a previous article, this article lists a few more thoughts on rational actor theory. I think there are mainly 3 comparative economic understandings of rationality and irrationality: For Austrians and similar theorists, rationality is tautologically true. The

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Ecological Rationality Matters

1/26 was my first class with Professor/Dr. Pete Leeson. He seems to be very intelligent and also personable, but by nature of man and blogs I am choosing to write about some things he said with which I disagree rather

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Non-Becker Rationality and Kahneman Irrationality

This article provides two Ideological Turing exercises: One argument in defense of hard-line Chicago rationality and one in defense of the existence of economic irrationality. I don’t think Gary Becker or any of the big Chicago names (eg Friedman) ever

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