Overview of Behavioral Economics

Apr 11, 2010 11:49

Done through the lens of the Obama administration.

Worth reading. It puts into words a few things I've been very critical of instinctively, such as the presumption of what is rational or irrational. My sense has been most of the recommendations from 'Nudge' actually end up reducing the ability of people to make rational decisions for themselves.

http://weeklystandard.com/articles/nudge-nudge-wink-wink
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