People are not rational. Mainstream economics is pre-Freudi… - John Komlos

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People are not rational. Mainstream economics is pre-Freudian... because they don't think about the subconscious mind. Daniel Kahneman... has proven that rationality is impossible for mortals, human beings [with finite minds]... We're not superhuman.

John Komlos

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About John Komlos

(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.

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Originators like John Komlos:

Ha-Joon Chang Joseph E. Stiglitz Kate Raworth Paul Krugman Friedrich Hayek

Additional quotes by John Komlos

Reagan lowered the taxes on the top bracket and that made the [top] 1%... super rich.

The recent election of Donald Trump was fueled by... an economic system that skews its benefits to a select few and leaves too many... scrambling to eke out a bare existence.

Greenspan and Benjamin Bernanke... ignored the evidence because they were blinded by their ideology and the infallibility of the markets. They were prisoners of their own ideology.

People are not rational. Mainstream economics is pre-Freudian... because they don't think about the subconscious mind. Daniel Kahneman... has proven … - John Komlos

About John Komlos

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