Global collapse: how to reach rational aims by irrational decisions in the free market.
Ezra Klein quotes from a new paper by Tyler Cowen on the financial crisis: In a strict rational expectations model, we might expect some people to overtrust others and one view of .
In this world of rational actors, neither of you could thus take the chance on the other.
Unmasking the Dalai Lama Dear Tell All: I read Rational Rodney's complaint about Madison's misguided love for the Dalai Lama during his recent visit (The Dalai Lama Is a Bore," 5/24/2013). I agree that he's boring, having heard him countless times. All the religions teach love, compassion and forgiveness, by the way. I have a Ph.D. in the subject, for what it is worth, and I happen to know that the Gelugpa Order deems ...
June 15, 2013 - Isthmus
Modern Science And Our Sense Of Wonder Science is often accused of extinguishing our enchantment with the world, of being too cold and rational. Quite the opposite is true, says Marcelo Gleiser. Modern science has restored a sense of wonder to the world with its revelations of objects unseen and realities unknown.
June 13, 2013 - NPR
Lance Armstrong in The Associated Press It's pro bike racing, it's dog eat dog,Armstrong said. "One day you're the peace maker and the rational mind, and the next day you're taking advantage of every opportunity."
John Mack in Bloomberg There is no rational basis for the movements in our stock or credit default spreads,Mack wrote. "The Management Committee and I are taking every step possible to stop this irresponsible action in the market."
Wilbur Ross in San Diego Union Tribune Bondholders are pretty famous for playing chicken,Ross said. "I just hope that they're rational enough not to overplay their hand here."