Good Ninja Rant

The Financial Ninja provides a good rant addressing the failings of the fashionable theories among most present practitioners of the Dismal Science. He debunks the myth of the rational, utility-maximizing, independent, well-informed player in favor of a more chaotic, empirical/computational model. Which makes absolutely no sense to me, because the former is exactly what I am when I casually amble over and steal the cat food in exchange for some perfunctory curses and pitiful sanctions: e.g., getting locked up for a while, all the better to digest (burp) in peace. That's at worst; half the time I get away with it.