maybe they think basic economic principles such as "everyone is an equally informed sociopath acting at all times to consume as much as possible without regard to relationships" are absurd.
economics is a bullshit field.
economics is a bullshit field.
Looks to me like a cryptologist predicting what passwords people would choose based on the needed computing power to crack them. I wonder if 'password' made the list.
Sometimes the assumption that people are rational breaks down, like with sticky prices caused by what psychologists would call "loss aversion". In that case economists make the changes they need to to their models to account for how people differ from the simplest model. This is basically how you get the entire field of Macroeconomics.