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Organizations become rational in pursuing their missions through what Simon called ends-means chains.
Only later, after they have become rational, can human beings understand what they are and what they have made.
He hoped that sometime in the night the bay would become rational again and the city would draw closer.
On the one hand, he says, the efficient market theoreticians always assumed that smart market participants would force stock prices to become rational.
The gross domestic product does not count a truly vast underground economy that is slowly emerging as business conditions improve and tax laws become rational.
Although China has made progress in shifting bad loans off the banks' balance sheets, there is little sign that the banks themselves have fundamentally changed their behaviour and become rational lenders.Neither side emerges with much credit from this episode.
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If you persuade enough people to be on time, it becomes rational for everyone else to be on time, too.
And, as the economists Kaushik Basu and Jorgen Weibull have pointed out, in a country where everyone is always late, it becomes rational to be late.
But it's also horrifying to think that demand for the backdating of new immunisation programmes could start making their introduction so prohibitively expensive that it becomes rational to be more wary of introducing them at all.
Since then, few apart from Terra Firma's boss, Guy Hands, have been very upbeat about the firm's future.If a private-equity firm's chances of raising new money evaporate halfway through a fund's life, spending its remaining cash willy-nilly becomes rational.
This is the same soul, which becomes rational when god imparts reason from himself to it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com