Discuss. Great creativity is astonishingly, absurdly, rationally, irrationally powerful.

Now we rationally know that an economy built on hyper consumption is a Ponzi scheme. It's a house of cards.

Perhaps because it was being produced rationally, as if it were plastic, food gained magical or poisonous powers, or both.

In construction of coal mines the principle of protecting the cultivated land and utilizing the land rationally shall be adhered to.

(a) Considering the diverse jurisprudential basis of air law and space law, the range of its applicability should be rationally determined.

It is using that money more rationally to make the countries of the world secure, to make the people of the world secure.

What I'm saying is that, surely, rationally, our distress about things that happen, about threats, should be roughly proportional to the size of those threats and threats to come.

It was essential that the Secretary General continued to ensure that the Organization's resources were used rationally, transparently, and responsibly but there were limits to what could be achieved with a stagnant budget.

Its ultimate goal would be to build rationally based bilateral relations founded upon the ideals and principles that our peoples share, and those relations would be nourished by objective convergence toward sustainable shared interests.

Article 1 This Law is enacted with a view to rationally developing, utilizing and protecting the coal resources, standardizing the production and marketing of coal, and promoting and ensuring the development of the coal industry.

To ensure that the Organization's resources were used as rationally as possible, the results of the various programmes and subprogrammes should be periodically reviewed and resources should be reallocated, where necessary, to pre empt supplementary funding requests.

It considered that the Organization should keep its activities within the limits of the established budget appropriations, by controlling expenses, improving management, avoiding all forms of waste and using the resources available to it as profitably and rationally as possible.

Homo economicus, the rationally acting egoist who populates economists models, has recently attracted criticism as well, because all too often he does not represent the real behavior of individuals. Behavioral experiments have shown conclusively the limited predictive value of this artificial construct.

The financial management of an enterprise shall consist such financial behaviors as raising funds rationally, operating assets effectively, controlling the cost, regulating the income distribution and reorganization and liquidation, and strengthening financial supervision and financial information management in accordance with the formulated financial strategy.

The problem is not caused by human irrationality on the contrary, it arises precisely because bankers are acting rationally. As we know from environmental regulation, preaching common sense or ethics to bankers will not help but changing bankers incentives by, say, requiring higher equity asset ratios would work wonders.

So, while global markets arguably have been rationally complacent, financial contagion cannot be ruled out. A century ago, financial markets priced in a very low probability that a major conflict would occur, blissfully ignoring the risks that led to World War I until late in the summer of 1914.

Against this backdrop, institutional investors self insured quite rationally against a eurozone breakup by withdrawing behind safer borders. With fiscal policy incapable of responding, the ECB was stuck with a second intermediation role mitigating with its Target2 system the effects of European financial markets re segmenting along national lines.

The story of humans is the story of ideas scientific ideas that shine light into dark corners, ideas that we embrace rationally and irrationally, ideas for which we've lived and died and killed and been killed, ideas that have vanished in history, and ideas that have been set in dogma.

Nor can it be assumed that Iran s divided and radical leadership would always act rationally, or that proliferation would stop with the Islamic Republic. If Iran develops its nuclear weapons, countries such as Saudi Arabia, Turkey, and Egypt would be tempted to purchase or develop nuclear weapons of their own.

The definition of spouse failed the proportionality test under section 1 of the Charter because the stated purpose to treat married and unmarried spouses equally was not rationally connected to an overbroad definition of spouse, which caught non marriage like relationships and did not minimally impair the right to equality.

The reach and relevance of social choice theory is extensive. Rather than undermining the pursuit of social reasoning, Arrow s deeply challenging impossibility theorem, and the large volume of literature that it has inspired, has immensely strengthened our ability to think rationally about the collective decision making on which our survival and happiness depend.

The prospect of a disorderly fiscal contraction needs to give way to a more rationally designed approach that avoids undermining the fragile recovery. To accomplish that, the political class must avoid the bickering that almost sent America back into recession in 2011, and that raised major questions about the quality of the country s economic governance.

Everybody gets absolutely frantic about it, because you're not allowed to say these things, yet when you look at it rationally, there is no reason why those ideas shouldn't be as open to debate as any other, except that we've agreed somehow between us that they shouldn't be. And that's the end of the quote from Douglas.

Meanwhile, policymakers were lulled into complacency by the widespread acceptance of economic theories such as the efficient market hypothesis, which assumes that investors act rationally and use all available information when making their decisions. As a result, markets were deregulated, making it easier to trade assets that were perceived to be safe, but were in fact not.

DAVOS Today s mainstream economic models are based on two fundamental assumptions first, humans are essentially selfish actors who act rationally to advance their own utility so called homo economicus but, second, as Adam Smith s metaphor of an invisible hand was intended to suggest, self regarding behavior can inadvertently advance the common good. Both assumptions are patently false.

The calls to curb speculation in derivatives markets or short sales have this flavor. If, on the other hand, we believe that economic actors will respond rationally to incentives and information, then we can usefully reform regulatory frameworks with well targeted measures, including restrictions on off balance sheet vehicles, tougher disclosure requirements, and controls on rating agencies conflicts of interests.

The problem now for Iraqi and US politicians is that, to act rationally, they will need to face down elements within their own constituencies. They must recognize that a long term presence by US troops is out of the question, but that US combat forces will be needed in Iraq albeit with a diminishing role for the next five years.

Yet effective chronic disease surveillance can save lives. If disease trends are monitored, along with patients responses to treatment and the population s exposure to risk factors, the success or failure of policies designed to prevent or control chronic diseases can be evaluated, resource allocation can be rationally prioritized, and the public can be kept fully informed of the risks that they face.

For starters, the economy is not yet in a position to handle the 4 5 of GDP fiscal cliff that is approaching as all of the hard political decisions that were postponed come into view at the end of this year. The prospect of a disorderly fiscal contraction needs to give way to a more rationally designed approach that avoids undermining the fragile recovery.

Teaching morality and values in business schools will not tame such behavior, but changing the incentives that reward short term profits and lead bankers and traders to take excessive risks will. The bankers and traders of the latest crisis responded rationally to compensation and bonus schemes that allowed them to assume a lot of leverage and ensured large bonuses, but that were almost guaranteed to bankrupt a large number of financial institutions in the end.