For example, an extensive literature focuses on the disinflation that Paul Volcker implemented as Chair of the US Federal Reserve in the 1980s.8 It 8 See M. Goodfriend and R. King, “The incredible Volcker disinflation,” Journal of Monetary  Economics 52 (2005): 981–1015; N. G. Mankiw, R. Reis and J. Wolfers “Disagreement about Inflation Expectations,” NBER Macroeconomics Annual 18 (2003): 209–249; S. Kozicki and P. A. Tinsley, “Term structure views of monetary policy under alternative models of agent expectations,” Journal of Economic Dynamics and Control 25, no.1–2 (2001): 149–184; and C. G.  - 10 suggests that the associated downturns were larger than assumed with purely rational expectations, but they were not as severe as purely adaptive expectations would assume.
At some level, you don’t need an economist to tell you this. No one naïvely assumes that just because inflation is high today, it will stay there. Instead, people try their best to understand the economic environment and form expectations based on that understanding. However, that environment is complicated, so the mental gymnastics associated with fully rational expectations feels understandably foreign.