article thumbnail

Is Economics Ready for a New Model?

Harvard Business Review

You can find lots of scholars at top economics departments who study why bubbles and crashes happen, and how psychology and genetics shape individual decisionmaking. What you won't find is many who think the entire infrastructure of rationality-based economics needs to be tossed out. The other big idea in the 1988 article was chaos theory.

article thumbnail

Writing a Rejection Letter (with Samples)

Harvard Business Review

While I enjoyed our conversation, I think we need someone with more hands-on project management experience for this role. At this point, our organization really needs someone with more project management experience. I hope you find the right job for you in the near future. Your name]. ” Resist that temptation.

Letter 9