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Ryan D. Oprea
Richard E. Wagner
George Mason University
Who’s Afraid of Irrationality? A Review of Herbert A. Simon’s ‘An Empirically Based
Microeconomics’ (Cambridge: Cambridge University Press, 1997).
We all know what it takes to be rational, don’t we? Rationality is everything which
conforms to the purposefulness of human rationality, as Ludwig von Mises demonstrates in