• HungoverEconomist

Don't be irrational.

It is irrational for a rational person to expect an irrational person to be rational enough to admit they are irrational. However, it would seem rational for an irrational person to defend their irrationality. Therefore, it would be rational to expect them to be irrational enough to admit it.

Disclaimer: Personal website, the views expressed here do not represent those of the Bank of Canada.
last update: May 2020
  • Facebook Social Icon
  • Instagram Social Icon
  • Twitter Social Icon
  • Google+ Social Icon