Can Science Explain the Boom and Bust Cycle of the Economy?

by Benjamin Domenech on 12:51 am June 30, 2009

“Behavioral economics and the related subdiscipline of behavioral finance, which pertains more directly to investment, have also begun to illuminate in more detail how psychological quirks about money can help explain the recent crisis.” These new behavioral economists now dominate the White House and set the nation’s policies. Better hope they’re right.

Previous post:

Next post: