Through Tuesday In his New York gallery debut, the Spanish artist Sergio Prego recasts the dynamic between humans and an indifferent architecture in comic, irrational terms.
The market is irrational short term, but I believe it is rational in the intermediate and long run".
This helps explain the Obama campaign's interest in behavioral economics, a relatively new field that has pointed out many ways in which people make irrational, short-term decisions.
Analysts observe that, high though many of the prices seem, and irrational in terms of traditional valuation methods, they simply reflect supply and demand.Mark Hardie, an analyst with the high-tech consultancy Forrester Research, does not believe, in any case, that the enthusiasm for Broadcast.com has been overdone.
By the mid- to late-1800s, William Hamilton had gone on to introduce ordered couples of reals as the first step in supplying a logical basis for the complex numbers and Karl Weierstrass, Richard Dedekind and Georg Cantor had all developed methods for founding the irrationals in terms of the rationals.
Wittgenstein's foundationalist critic (e.g., set theorist) will undoubtedly say that we have extended the term "irrational number" to lawless and pseudo-irrationals because they are needed for the mathematical continuum and because such "conceivable numbers" are much more like rule-governed irrationals than rationals.
Mostly when we use the term irrational we think of things as bad behavior but there are many irrational behaviors that are wonderful.
Greenspan – who coined the term "irrational exuberance" to describe the dotcom bubble of the 1990s – says he sees no sign of irrational exuberance in the market right now, and that, by historical standards, stocks are significantly undervalued.
Twelve years ago, Alan Greenspan invented the term "irrational exuberance".
Decisions will sometimes seem short term, irrational, or at odds with the evidence.
