Irrational Objection

The stock market is dumb. Check it out for your self. Economists say people are rational agents who make decisions in their own self interest, which is patently stupid. Watch 5 minutes of TV and you quickly realize that most of our economic decisions, with the exception of very large ones, are 9 parts impulse and 1 part rationality. Even our biggest purchasing decisions, such as buying a home, have a large irrational component. And now the stock market has been shown to be random, as well.