...great, perhaps even overweening, pride in their rationalistic tradition. According to Kenneth Arrow, An economist by training thinks of himself as the...rationality, the ascriber of rationality to others, and the prescrioer of rationality to the social world.22 But the meaning of "rationality" can often be obscured...

...under renewed scrutiny in the process. 1. General Efficiency 1.1 Rational Spirit As described by Arrow, "An economist by training thinks of himself as the...the prescriber of rationality to the social world" (1974, p. 16). Taken in conjunction with the systems approach out of which economics works, this is...

...(Homans, 1958; Simon, 1978), economists push the approach further and more persistently. As Arrow puts it: "An economist by training thinks of himself as...Rationality is a deep and pervasive condition that manifests itself in many subtle ways. Note in this connection that the rational spirit approach does...

...(Homans, 1958; Simon, 1978), economists push the approach further and more persistently. As Arrow puts it: 'An economist by training thinks of himself as...Rationality is a deep and pervasive condition that manifests itself in many subtle ways. Note in this connection that the rational spirit approach does...

...prescription. Their emphasis is on explicit and technical solutions. An economist has been described as one who 'by training thinks of himself as the guardian of...others and the prescriber of rationality to the social world'.2 A common misconception is that health economists are like accountants interested only in financial...

...do with his unabashed capacity to cast himself as an unprepossessing spokesperson for reason itself. "An economist by training thinks of himself as the guardian of rationality, an ascriber of rationality to others, and the prescriber of rationality to the social world. It is...

...reference to the "rational spirit ... of the economist," whereupon he describes an economist as one who "by training thinks of himself as the guardian of...the prescriber of rationality to the social world" (1974, p. 16). To be sure, economists do not have a lock on rationality (Simon 1978). Indeed, the question...

...1923. Rationality in Economics and Econometrics: Theoretical Devices, Issues and Puzzles Robin Rowley "An economist by training thinks of himself as the...rationality, the ascriber of rationality to others, and the prescriher of rationality to the social world. " (Arrow, 1974: I ft) "Economics is lite science of...

...analysis buttressed by intellectualism. The economist Kenneth Arrow, a Nobel laureate, once declared, "An economist by training thinks of himself as the guardian of rationality, the ascribes of rationality to others and the ascribes of rationality to the social world. It is this role...