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Behavioral Economics Articles;

Behavioral Economics?

"Behavioral economists help to explain how booms persist while busts, like the one that the United States may now be entering, are difficult to reverse." This is accomplished by factoring in certain psychological elements of human behavior in the prediction of market trends.

Durkheim's Collective Conscience

If you were to pick up a copy of the Financial Times (yes, the pink newspaper) next weekend and read the column with the weighty title, "Pause For Thought," you would probably think the author is just another typical left-wing commentator hired to give some counter opinion in a paper where capitalism is usually presented in a positive light.

Economists and Dat

he experience with which the sciences of human action have to deal is always an experience of complex phenomena. No laboratory experiments can be performed with regard to human action. We are never in a position to observe the change in one element only, all other conditions of the event remaining unchanged.

Human nature can make a mess of trash policy

Work with solid-waste disposal and you will get a jaundiced view of human nature.

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