Rational or Irrational, or neither?

[BPSDB] [An edited version of a contribution to the Critical Cafe, supposedly a forum for discussing issues related to Karl Popper's critical rationalism (in fact, occasionally it is). I was alleged, by another contributor, to believe that people are "irrational". This person himself, If I understand correctly, holds the position - which underlies much of [...]

What’s really happening in the economy?

I have here tried to explain – to myself as well as to anyone else who cares to read it – what has been going on in the ‘credit crunch’. If anyone disagrees with what I’ve written here, I’d be glad to have a correction.
I’m not a financier or an economist. Bankers and financial traders [...]