---
title: "Meaning & Key Takeaway of: I have yet to meet the famous Rational…"
description: "\"I have yet to meet the famous Rational Economic Man theorists describe. Real people have always done inexplicable things from time to time, and they sh..."
image: "https://sms4smile.com/quotes/i/1f8/anonymous-1_being-real_i-have-yet-to-meet-the-famous-rational-e_2326976.jpg"
---

#  I have yet to meet the famous Rational Economic Man…

![“I have yet to meet the famous Rational Economic Man theorists describe. Real people have always done inexplicable things from time to time, and they show no sign of stopping.” quote by Anonymous](https://sms4smile.com/quotes/i/1f8/anonymous-1_being-real_i-have-yet-to-meet-the-famous-rational-e_2326976.jpg)   [Download](https://sms4smile.com/quotes/i/1f8/anonymous-1_being-real_i-have-yet-to-meet-the-famous-rational-e_2326976.jpg) [Open image](https://sms4smile.com/quotes/i/1f8/anonymous-1_being-real_i-have-yet-to-meet-the-famous-rational-e_2326976.jpg)

> “I have yet to meet the famous Rational Economic Man theorists describe. Real people have always done inexplicable things from time to time, and they show no sign of stopping.”

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The ideal rational economic actor never appears; real humans act irrationally and unpredictably, defying theory.

**In simple terms:** Rational economic models are unrealistic; people act irrationally.

Key Takeaway

Accept human irrationality in economic analysis.

Themes

economics human behavior theory

Mood

inquisitive thoughtful

Type

philosophical analytical

When to use this quote

- policy making
- market forecasting
- financial planning

Key Concepts

irrationality bounded rationality behavioral economics

Questions to Reflect On

- What examples of irrational economic behavior have you seen?
- How can models incorporate irrationality?

A Different Perspective

The statement may generalize without evidence.

★ ★ ★ ★ ★   No ratings yet

[Being real](https://sms4smile.com/quotes/about/being-real/) [Economics](https://sms4smile.com/quotes/about/economics/) [Men](https://sms4smile.com/quotes/about/men/) [People](https://sms4smile.com/quotes/about/people/) [Theorists](https://sms4smile.com/quotes/about/theorists/)

## Related quotes

> [I am a plain practical man, not one of your theorists and splitters of hairs and choppers of logic.](https://sms4smile.com/quotes/james-g-frazer/i-am-a-plain-practical-man-not-one-of-your-theorists-and-splitters-of/)

[James G. Frazer](https://sms4smile.com/quotes/author/james-g-frazer/)

> [“Depicting rational economic man as an isolated individual – unaffected by the choices of others – proved highly convenient for modelling the economy, but…](https://sms4smile.com/quotes/kate-raworth/depicting-rational-economic-man-as-an-isolated-individual-unaffected/)

[Kate Raworth](https://sms4smile.com/quotes/author/kate-raworth/)

> [“We should by now have learned that politics remains national, even if economics does not: the history of the 20th century offers copious evidence…](https://sms4smile.com/quotes/tony-judt/we-should-by-now-have-learned-that-politics-remains-national-even-if/)

[Tony Judt](https://sms4smile.com/quotes/author/tony-judt/)

> [None of us are rational economic men as we're supposed to be portrayed in economic theory where mixes of passions, of desires, of moral…](https://sms4smile.com/quotes/dale-jamieson/none-of-us-are-rational-economic-men-as-we-re-supposed-to-be/)

[Dale Jamieson](https://sms4smile.com/quotes/author/dale-jamieson/)

> [Perhaps the best argument...that the Big Bang supports theism is the obvious unease with which it is greeted by some atheist physicists. At times…](https://sms4smile.com/quotes/anonymous/perhaps-the-best-argument-that-the-big-bang-supports-theism-is-the/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [“Theorists are always saying something. That's their job. They don't need to believe what they're saying.”](https://sms4smile.com/quotes/anonymous/theorists-are-always-saying-something-that-s-their-job-they-don-t/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Consciousness is either inexplicable illusion, or else revelation.](https://sms4smile.com/quotes/anonymous/consciousness-is-either-inexplicable-illusion-or-else-revelation/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [The believer's cross is no longer any and every kind of suffering, sickness, or tension, the bearing of which is demanded. The believer's cross…](https://sms4smile.com/quotes/anonymous/the-believer-s-cross-is-no-longer-any-and-every-kind-of-suffering/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [In view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it by economic…](https://sms4smile.com/quotes/kenneth-e-boulding/in-view-of-the-importance-of-philanthropy-in-our-society-it-is/)

[Kenneth E. Boulding](https://sms4smile.com/quotes/author/kenneth-e-boulding/)

> [Every cold empirick, when his heart is expanded by a successful experiment, swells into a theorist.](https://sms4smile.com/quotes/samuel-johnson/every-cold-empirick-when-his-heart-is-expanded-by-a-successful/)

[Samuel Johnson](https://sms4smile.com/quotes/author/samuel-johnson/)

> [I will never probably have the mathematical foundation to truly understand what string theorists are talking about, but it feels good, just for its…](https://sms4smile.com/quotes/jon-spaihts/i-will-never-probably-have-the-mathematical-foundation-to-truly/)

[Jon Spaihts](https://sms4smile.com/quotes/author/jon-spaihts/)

> [What do intellectuals and opinion makers get from big government? An increasing number of cushy jobs in the bureaucracy, or in the government-subsidized sector,…](https://sms4smile.com/quotes/murray-rothbard/what-do-intellectuals-and-opinion-makers-get-from-big-government-an/)

[Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/)

> [Nothing of importance is ever achieved without discipline. I feel myself sometimes not wholly in sympathy with some modern educational theorists, because I think…](https://sms4smile.com/quotes/bertrand-russell/nothing-of-importance-is-ever-achieved-without-discipline-i-feel/)

[Bertrand Russell](https://sms4smile.com/quotes/author/bertrand-russell/)

> [Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat…](https://sms4smile.com/quotes/joan-robinson/economic-theorists-should-not-make-such-a-production-about-taking-a/)

[Joan Robinson](https://sms4smile.com/quotes/author/joan-robinson/)

> [ I can assure the conspiracy theorists who have very effectively savaged \[Gerald\] Posner in their books that they're going to have a much, much… ](https://sms4smile.com/quotes/vincent-bugliosi/i-can-assure-the-conspiracy-theorists-who-have-very-effectively/)

[Vincent Bugliosi](https://sms4smile.com/quotes/author/vincent-bugliosi/)

## More by Anonymous

> [And a tear rolled down her cheek, as she said goodbye; because she's walking away, and she's never looking back](https://sms4smile.com/quotes/anonymous/and-a-tear-rolled-down-her-cheek-as-she-said-goodbye-because-she-s/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Life is full of change. That's how we learn and grow.](https://sms4smile.com/quotes/anonymous/life-is-full-of-change-that-s-how-we-learn-and-grow/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [You'll seldom experience regret for anything that you've done. It is what you haven't done that will torment you. The message, therefore, is clear.…](https://sms4smile.com/quotes/anonymous/you-ll-seldom-experience-regret-for-anything-that-you-ve-done-it-is/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Scrabble - The game is available in Braille. That’s a nice fact. This makes me feel better about humanity for some reason. I can’t…](https://sms4smile.com/quotes/anonymous/scrabble-the-game-is-available-in-braille-that-s-a-nice-fact-this/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Everyone needs someone to love, and I choose you.](https://sms4smile.com/quotes/anonymous/everyone-needs-someone-to-love-and-i-choose-you/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [“THIS tale of my sore-troubled life I write,    To thank the God of nature, who conveyed    My soul to me, and with such care…](https://sms4smile.com/quotes/anonymous/this-tale-of-my-sore-troubled-life-i-write-to-thank-the-god-of-nature/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Put on my J's and dance the whole night away Im naughty by nature like Im hip-hop hooray With my hands in the sky,…](https://sms4smile.com/quotes/anonymous/put-on-my-j-s-and-dance-the-whole-night-away-im-naughty-by-nature/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Me.. I have been through a lot, but I still manage to have a smile on my face. Im not worried about the past…](https://sms4smile.com/quotes/anonymous/me-i-have-been-through-a-lot-but-i-still-manage-to-have-a-smile-on-my/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Distance is a test of love. many will fail for those who can't withstand it, but for those who can, theres only one answer…](https://sms4smile.com/quotes/anonymous/distance-is-a-test-of-love-many-will-fail-for-those-who-can-t/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Im sorry I ever tried...](https://sms4smile.com/quotes/anonymous/im-sorry-i-ever-tried/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Being betrayed by the one you love is the worst feeling in the world...](https://sms4smile.com/quotes/anonymous/being-betrayed-by-the-one-you-love-is-the-worst-feeling-in-the-world/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Let children support their parents or be imprisoned.](https://sms4smile.com/quotes/anonymous/let-children-support-their-parents-or-be-imprisoned/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [The only person I've ever purposely caused pain here is myself...By simply sharing, caring too much.](https://sms4smile.com/quotes/anonymous/the-only-person-i-ve-ever-purposely-caused-pain-here-is-myself-by/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [The truth is, of course, that the curtness of the Ten Commandments is an evidence, not of the gloom and narrowness of a religion,…](https://sms4smile.com/quotes/anonymous/the-truth-is-of-course-that-the-curtness-of-the-ten-commandments-is/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

[Explore all 162,899 Anonymous quotes ](https://sms4smile.com/quotes/author/anonymous/)

## More Being real quotes

> [Don't be in such a hurry to condemn a person because she doesn't do what you do, or think as you think or as…](https://sms4smile.com/quotes/malcom-x/don-t-be-in-such-a-hurry-to-condemn-a-person-because-she-doesn-t-do/)

[Malcom X](https://sms4smile.com/quotes/author/malcom-x/)

> [Well, I don't want to be king, I want to be real.](https://sms4smile.com/quotes/john-lennon/well-i-don-t-want-to-be-king-i-want-to-be-real/)

[John Lennon](https://sms4smile.com/quotes/author/john-lennon/)

> [Going through unknown people's profiles and judging them by their pictures is totally normal.](https://sms4smile.com/quotes/pradeep-chandra/going-through-unknown-people-s-profiles-and-judging-them-by-their/)

Pradeep Chandra

> [When you are important to another person, they will always find a way to make time for you - no excuses, no lies, and…](https://sms4smile.com/quotes/anonymous/when-you-are-important-to-another-person-they-will-always-find-a-way/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [When you speak the truth watch the fuck niggas start hating](https://sms4smile.com/quotes/anonymous/when-you-speak-the-truth-watch-the-fuck-niggas-start-hating/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [I think about everyone in my life that was harsh with me or who gave me tough love and told me things that I…](https://sms4smile.com/quotes/charlamagne-tha-god/i-think-about-everyone-in-my-life-that-was-harsh-with-me-or-who-gave/)

[Charlamagne Tha God](https://sms4smile.com/quotes/author/charlamagne-tha-god/)

> [Laugh at every mistakes and realize that no one is perfect. We are human. All of us are imperfect, so there's no point judging…](https://sms4smile.com/quotes/anonymous/laugh-at-every-mistakes-and-realize-that-no-one-is-perfect-we-are/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Give yourself a chance to live because nobody will live it for you when you die](https://sms4smile.com/quotes/anonymous/give-yourself-a-chance-to-live-because-nobody-will-live-it-for-you/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [You've noticed a change huh ? She doesn't text you as often . She never calls you anymore . When she does text you…](https://sms4smile.com/quotes/delaney-ridnour/you-ve-noticed-a-change-huh-she-doesn-t-text-you-as-often-she-never/)

[Delaney Ridnour](https://sms4smile.com/quotes/author/delaney-ridnour/)

> [I wish that one day you would finally realize that the person that is willing to love you forever is the person you are…](https://sms4smile.com/quotes/khat-leen/i-wish-that-one-day-you-would-finally-realize-that-the-person-that-is/)

[Khat Leen](https://sms4smile.com/quotes/author/khat-leen/)

> [..If you love her/him then why give up, nobody said love was easy and nobody said love was hard... a relationship is what you…](https://sms4smile.com/quotes/tevin-bostic/if-you-love-her-him-then-why-give-up-nobody-said-love-was-easy-and/)

[TEVIN BOSTIC](https://sms4smile.com/quotes/author/tevin-bostic/)

> [I learned a tremendous amount about what was important to me as a head coach in that I was not in charge. I didn't…](https://sms4smile.com/quotes/pete-carroll/i-learned-a-tremendous-amount-about-what-was-important-to-me-as-a/)

[Pete Carroll](https://sms4smile.com/quotes/author/pete-carroll/)

> [Im loving you not because you're giving me what I need, Instead I'm loving you because you're giving me this feeling I never thought…](https://sms4smile.com/quotes/bernajoy-vaal/im-loving-you-not-because-you-re-giving-me-what-i-need-instead-i-m/)

[Bernajoy Vaal](https://sms4smile.com/quotes/author/bernajoy-vaal/)

> [Be who you want to be, not what people want to see.](https://sms4smile.com/quotes/anonymous/be-who-you-want-to-be-not-what-people-want-to-see/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [There should be in eloquence that which is pleasing and that which is real; but that which is pleasing should itself be real.](https://sms4smile.com/quotes/blaise-pascal/there-should-be-in-eloquence-that-which-is-pleasing-and-that-which-is/)

[Blaise Pascal](https://sms4smile.com/quotes/author/blaise-pascal/)

[Browse all 1,607 Being real quotes ](https://sms4smile.com/quotes/about/being-real/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "I have yet to meet the famous Rational Economic Man theorists describe. Real people have always done inexplicable things from time to time, and they show no sign of stopping.",
            "creator": {
                "@type": "Person",
                "name": "Anonymous"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/anonymous/i-have-yet-to-meet-the-famous-rational-economic-man-theorists/",
            "about": {
                "@type": "Thing",
                "name": "Being real"
            },
            "@id": "https://sms4smile.com/quotes/anonymous/i-have-yet-to-meet-the-famous-rational-economic-man-theorists/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/1f8/anonymous-1_being-real_i-have-yet-to-meet-the-famous-rational-e_2326976.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/1f8/anonymous-1_being-real_i-have-yet-to-meet-the-famous-rational-e_2326976.jpg",
                "url": "https://sms4smile.com/quotes/i/1f8/anonymous-1_being-real_i-have-yet-to-meet-the-famous-rational-e_2326976.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“I have yet to meet the famous Rational Economic Man theorists describe. Real people have always done…” — Anonymous",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Anonymous",
                    "item": "https://sms4smile.com/quotes/author/anonymous/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "I have yet to meet the...",
                    "item": "https://sms4smile.com/quotes/anonymous/i-have-yet-to-meet-the-famous-rational-economic-man-theorists/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/anonymous/i-have-yet-to-meet-the-famous-rational-economic-man-theorists/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
