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Behavioral finance teaches that, as humans, we are not always rational or driven by logic.
FORBES: Europe and Investor Behavior
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But it seems to us that it misunderstands the nature of the rational-basis test and runs counter to the logic of Romer and Lawrence.
WSJ: Best of the Web Today: Maybe Scalia Was Wrong
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History, along with basic economic logic tell us that emotion, rather than rational thought, is driving this latest bout of low economic self-esteem.
FORBES
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More broadly, is it rational to assume that we'd be a wealthier country if those steeped in the brilliant logic of Smith, Hayek and Schumpeter were teaching as opposed to producing?
FORBES: Political Economy