Rational Expectations Theory

Famous quotes containing the words rational, expectations and/or theory:

“It is not to be forgotten that what we call rational grounds for our beliefs are often extremely irrational attempts to justify our instincts.”
—Thomas Henry Huxley (1825–95)

“Men seem more bound to the wheel of success than women do. That women are trained to get satisfaction from affiliation rather than achievement has tended to keep them from great achievement. But it has also freed them from unreasonable expectations about the satisfactions that professional achievement brings.”
—Phyllis Rose (b. 1942)

“The theory of the Communists may be summed up in the single sentence: Abolition of private property.”
—Karl Marx (1818–1883)