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Misconceptions of “Homo Economicus” - Being Libertarian
"Most people wouldn’t think it “rational” if they saw a man doing a rain dance, but under certain circumstances, that might actually fall under the Austrian definition of rational. If one of the man’s initial premises was that a rain dance causes rain, and his goal was to get rain, it would be rational to then perform a rain dance," writes Nathan Kreider in this edition of Misconceptions.
Nathan Kreider