Tag: rational action

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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4 Problems with Austrian Economics

This article outlines 4 problems with Austrian economics. Specifically, I’m arguing with Mises in 3 cases and in with Kirzner in 1. 1 Not all human action is rational Depending on how you slice it, my assertion here could be

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