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D_Alex comments on Rationality Quotes Thread March 2015 - Less Wrong
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In practice, the economic "long run" can happen exceedingly quickly. Keynes was probably closer to right with "Markets can remain irrational longer than you can remain solvent," but if you plan on the basis of "in the long run we are all dead," you might find out just how short that long run can be.
If we need to look to economics for rationality quotes, we are getting towards the bottom of the barrel, Robin Hanson notwithstanding.
Macroeconomics? Sure, its highly politicized so in many cases I'll agree with that. But microeconomics is in many ways the study of how to rationally deal with scarcity. IMO, traditional micro assuming homo-economicus is actually more interesting (and useful, outside of politics) than the behavioral stuff for this reason.