The Rational Frame for Economics
Many of history’s greatest scientific breakthroughs occurred not because new facts were discovered, but because old facts were viewed through a better frame. From Copernicus to Einstein, progress often emerged when apparent complexity was revealed to be a consequence of perspective. This article asks whether economics faces a similar challenge. What if rationality is not the natural frame through which human decision-making should be viewed? And what if the future of economics lies in discovering the mathematical regularities that govern how people actually behave, rather than how theoretical agents ought to behave?
