…and Simon over rationality in economics, with Arrow’s general equilibrium theory assuming perfect rationality by economic agents, while Simon had pushed the idea of bounded rationality. I then triggered a…

…sold at major retailers today, such as legendary Half of Fame MLB pitcher Nolan Ryan’s private label beef that is carried exclusively at Kroger stores, or at his private label…

…physicians what they already k new, Depakote was a very valuable medication for “off-label” (unapproved uses). In the irony department, prescribing and administering Depakote for off-label uses is legal, and…

…information about products’ energy use. Label is voluntary, and Congress ordered it The Energy Star label is voluntary for products that meet certain efficiency levels, and differs from Department of…

…her employment of the notion of “thick rationality” can shed light is what she calls “social dilemmas.” These are circumstances in which interacting individuals can easily succumb to maximizing their…

Tim Harford (h/t Mark Thoma) presents the old trade-off between Rationality and Cooperation, with a curious parenthetic: Except, nobody really thinks this is the way players would behave in reality….

…goodness and justice of God, per se, that is at stake but the rationality and benignity of the capitalist system, the “invisible hand” that supposedly impels narrowly self-interested actions to…

…of Bowie’s oeuvre had provided a level of patronage that’s inconceivable for a musician of Bowie’s bent today…he spent the Nineties as a free agent, jumping from label to label,…

…high cost of American health care. I begin by explaining the origin and meaning of the “single payer” label. I will then describe the two defects in S 1129 in…

…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…