Despite the flaws in the rational model of economics and the efficient market hypothesis more generally, I have always been fond of the more humble, observant p

Despite the flaws in the rational model of economics and the efficient market hypothesis more generally, I have always been fond of the more humble, observant posture it gives us in considering others' behavior. The flaws in the rational model are well-known. But as a presumption, it certainly works better than its opposite.