…a concept of rationality that is tautologically true. This is a classic example of John H’s “two-step of terrific triviality”.” My problem is that, while the concept of rationality is…

Paul Krugman on the Great Illusion of economic rationality and war — in 2008 Paul Krugman wrote an article this past week about how free trade can enable authoritarians, and how Russia’s…

…. . . Recent Quartz article on Private Label and Brand name. Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners…

…as good as it was the lasts time we had a President with a Harvard MBA (irony alert). Nowadays there is not so much rationality. Especially about the toxic assets….

by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…

…have to submit articles.” Off-label use of drugs is big business. According to The Wall Street Journal, “[FDA] is stepping into a high-stakes business issue, because off-label uses of prescription…

…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…

What to Do about Conservative Rationality in Addressing Climate Change? Two business-friendly conservatives, both former senators, Trent Lott and John Breaux, have an op-ed in today’s New York Times announcing…

…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…

News like this makes me shake my head in bewilderment. Or maybe not… maybe it just confirms my presumption that market participants are not always particularly rational. SAN FRANCISCO (MarketWatch)…