> Our “truths” did not capture very relevant dimensions that inform people’s decisions (including recent political decisions), and particularly those that are i

> Our “truths” did not capture very relevant dimensions that inform people’s decisions (including recent political decisions), and particularly those that are intangible or non- measurable concepts. This is why such important issues as justice, trust or social cohesion were just ignored in the models. Indeed, neoliberal economics taught us that people are rational, and that they will always take the best decisions according to the information they have to maximize utility. "Particularly those that are intangible or non- measurable concepts" doesn't sound like a retreat from rationality to me. It sounds like a belated acceptance (or more likely, an internal power shift in a debate that's been going on a while) that their rational models had substantial blind spots.