“I have often wondered why economists, with these absurdities all around them, so easily adopt the view that men act rationally. This may be because they study an economic system in which the discipline of the market ensures that, in a business setting, decisions are more or less rational. The employee of a corporation who […]
“I have often wondered why economists, with these absurdities all around them, so easily adopt the view that men act rationally.”
July 28, 2011 by Daniel Burton
Filed Under: Elections Tagged With: Bryan Caplan, Coase Ronald H, Economic, Ronald Coase, Social Sciences, The Myth of the Rational Voter: Why Democracies Choose Bad Policies
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