So yes, we economists always advocate for rationality, and that’s thinking with your ‘HEART’
But by this, I mean the acronym for:
Hard
Equations
And
Rational
Thinking.
A truly rational person wouldn’t be able to decide anyways – they’d get bogged down in multitudes of minor details, trapped in a spiral of intractable calculus, much like those with a damaged orbit frontal cortex.
According to me, economist fail by not putting reason before the rationale. Their rationale is mostly informed by negative research hypothesis. No wonder i prefer freckonomics
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