The assumption of rational actors is standard practice in economics, basically every single theorem depends on that. When I pointed out that racism isn’t rational, the argument changed to “well, you can’t assume that everyone is rational”.
Yes. I know. I have a fucking degree in this field. Believe it or not, people have figured out how to deal with that problem a long time ago. Look up the Efficient Market Paradox, and you’ll see why rationality is still a sensible assumption to make.
Yeah, no, that is exactly what was claimed.
The assumption of rational actors is standard practice in economics, basically every single theorem depends on that. When I pointed out that racism isn’t rational, the argument changed to “well, you can’t assume that everyone is rational”.
Yes. I know. I have a fucking degree in this field. Believe it or not, people have figured out how to deal with that problem a long time ago. Look up the Efficient Market Paradox, and you’ll see why rationality is still a sensible assumption to make.