Lester Thurow Quote

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists.


Dangerous currents: the state of economics (ed. Vintage, 1984)


One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been...

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been...

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been...

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been...