There are some exceptions: much effort has recently gone into examining non-rational or nearly rational behaviour in special contexts, often with interesting results.

ECONOMIST: The benevolence of self-interest | The

We note low inventories, low real interest rates, rational consumer resilience, high levels of bank cash (since the write-downs are generally non-cash accounting entries), small business flexibility and reasonable output gains apart from housing, autos and finance.

FORBES: Muddle-Through, Part Two