Yes, but what is rational can be dependent on the environment which you operate in, especially when dealing with economics which is not yet a science.
I'll give you an analogy of a research sample I got from a book.
Bee's by their nature or intelligence you may call it are trained to believe that light at the end of a tunnel is the escape. A rational and even sound analysis in nature.
Now if you put a dozen bees in a glass bottle, and point the closed end towards the window where light is shining, all the bees instinctively fly towards that direction of the light and eventually die of exhaustion.
In the case of the bees what was rational in one environment was render completely useless in another.
I'll give you an analogy of a research sample I got from a book.
Bee's by their nature or intelligence you may call it are trained to believe that light at the end of a tunnel is the escape. A rational and even sound analysis in nature. Now if you put a dozen bees in a glass bottle, and point the closed end towards the window where light is shining, all the bees instinctively fly towards that direction of the light and eventually die of exhaustion.
In the case of the bees what was rational in one environment was render completely useless in another.