Economists discover people don’t behave rationally

May 30, 2016 at 1:28 pm

“Contrary to our original thinking, I’ve come to believe that people don’t behave like the economic textbooks say they should behave,” wrote Dr. Paul Wingfield, an economist at Cato University. “People don’t behave rationally.” Wingfield and his colleague, Dr. Summer Redaction, recently published an article inHigher Economics titled “Outside our corporate […]