In a rational world there would be no such thing as a nondiversified money market account.
In a powerfully written conversation with Sands, Father Dominic Moran (Liam Cunningham), a tough priest, accuses him of not loving life, of having lost touch with the world and any rational political purpose.
And how similar our rational world views!
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In a line of thought popular among German conservatives between the two World Wars, Kagan holds that liberals are dreamers who believe that nations will behave decently once they are part of a rational world order, where all are free to pursue their enlightened self-interests within a framework of internationally agreed-on rules, as promulgated by such institutions as the League of Nations and the United Nations.
It was after all Europe that brought the world the art of rational statecraft.
The incentives may be smaller than in real-world decisions: so rational choices may be inadequately rewarded and irrational ones inadequately punished.
According to physicist David Deutsch in The Beginning of Infinity, Explanations that Transform the World, anti-rational thought uncomfortably coexists with the rational.
Believing one has the answer, whether or not such belief is justified, re-establishes a basic trust that we live in a just, rational-enough world.
In a world without Social Security, the rational person would think about his own long range plans and interests.
For one of the sources of the Fascist movement is the desire to avoid a too- rational and too- comfortable world.
Whereas Robert Lucas (Nobel Prize 1995) provided the theoretical foundations of rational expectations theory, Thomas Sargent tested rational expectations against real-world data.
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But in confronting the Arun Smiths of the world, one cannot rely too much on rational arguments.
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Looking at those yields, a rational person would conclude the entire world must be in a Depression.
Mathematical theories such as Dr Nash's tend to assume a world populated by individuals who behave in fully rational ways, because they have perfect knowledge.
If not, we are now in the world of conflict that is critical to balancing our intuition and rational thinking.
When comparisons are made with the earthquake of 1923 that leveled most of Tokyo, and the disaster of the Second World War that left most Japanese cities leveled this exuberance is rational, as the disasters changed economic fundaments, especially policy.
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On prize day, one question nobody in the EU will ask is whether the world can afford the perverse luxury of 17 countries being unable to make rational economic decisions.
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As many of the world problems resolve over the next year, the markets should return to more rational analysis and will reward idiosyncratic company risk when appropriate.
The world of men is about competition and risk-taking, but it may be less rational.
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In the real world, we rarely encounter a situation that can be completely modeled with an analytical (rational) model, so the correct answer to the model cannot purport to be the definitively correct answer to the real world situation.
Add to this mix the change in the world of work, where, instead of a 40 hour work week in the USA and a more rational 32-35 hour work week in the much of the EU, the dot.com techies are working 60-80 hours a week, with little or no time scheduled for physical recreation or broader social, cultural, or political activities or involvement.
Lest we forget, until the great crash of 2007-8, it was widely believed that the Bank of England's performance had been world class: inflation was in check, providing the necessary price stability for businesses, households and government to make rational investment and spending decisions.
Add to this that it is the time of year when rational people tend to go into buying convulsions along with having one of the most recognized stars in the world with an immense and intense loyal following and it means jacking up the price even more.
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