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Read through the most famous quotes by topic #approximation
Personally, I don't see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption. ↗
I hope that I am generous and tolerant, but certainly on the intellectual side I think that there are discoverable truths, and some things that are closer approximations to the truth than others. ↗
The result of this union would be, not the fortuitous result of a series of approximations and concessions, but the harmonious synthesis of two aspects of a single thought. ↗