"Science and Scientism", p. 115.
The Second Sin (1973)
“The tendency to be rational is the consistent and hence predictable element in human behavior.”
Source: Price Theory: An Intermediate Text, 1986, p.4
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David D. Friedman 12
American economist, physicist, legal scholar, and libertari… 1945Related quotes
attain targets while satisfying constraints
Simon (1997, p. 17); As cited in: Gustavo Barros (2010, p. 460).
1980s and later
Source: The Anti-Post-Modern Post-Modernist http://errolmorris.com/content/lecture/theantipost.html
Source: Dumbing Us Down: The Hidden Curriculum of Compulsory Schooling (1992), p. 23
“Our tendency to think that we're not predictable is probably one of our more predictable traits.”
TV Series and Specials (Includes DVDs), Trick of the Mind (2004–2006)
Source: 1940s-1950s, Models of Man, 1957, p. 198; Cited in P. Slovic (1972, p. 2).
Preface, p. 43
The Divine Milieu (1960)
Variant: The principle of bounded rationality [is] the capacity of the human mind for formulating and solving complex problems is very small compared with the size of the problems whose solution is required for objectively rational behavior in the real world — or even for a reasonable approximation to such objective rationality.
Source: 1940s-1950s, Administrative Behavior, 1947, p. 198.
Source: 1980s, Creating the Corporate Future, 1981, p. 15-16.