Comments on: Dan Ariely: Tendencies of Irrational Behavior http://www.ritholtz.com/blog/2009/01/dan-ariely-tendencies-of-irrational-behavior/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 20 Mar 2010 14:44:15 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: mpavan http://www.ritholtz.com/blog/2009/01/dan-ariely-tendencies-of-irrational-behavior/comment-page-1/#comment-139383 mpavan Thu, 15 Jan 2009 23:43:23 +0000 http://www.ritholtz.com/blog/?p=16196#comment-139383 fantastic. The entire edifice of 19th, 20, and (so far) 21st century economics is built on a rational population that always looks to the future and always knows what it wants, when in fact reality is THE EXACT OPPOSITE. Similar thinking would get me kicked out of my Grade 3 science class, but they give cabinet posts and Nobel Awards to economists that teach that rubbish. no wonder we're f***ed fantastic. The entire edifice of 19th, 20, and (so far) 21st century economics is built on a rational population that always looks to the future and always knows what it wants, when in fact reality is THE EXACT OPPOSITE.
Similar thinking would get me kicked out of my Grade 3 science class, but they give cabinet posts and Nobel Awards to economists that teach that rubbish.

no wonder we’re f***ed

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