VICTOR HUGO

The portrayal of humans as agents who are consistently rational and narrowly self-interested, and who pursue their subjectively defined ends optimally. Sometimes our economic models think of consumers as having fixed preferences or fixed goals. It's a simplification as consumers ...

Madness was a subjective and relative term according to the German philosopher.

He wrote about madness being found in prayer, love and a personal response towards life. A madhouse or asylum, according to him, was filled with people who were not really mad, but just like himself, ...

• The fixed mindset says that tests or experts can tell us what our potential is, what we’re capable of, what our future will be: you can simply measure the fixed ability right now and project it into the future.
• The idea that one evaluation can measure you fo...