Excessive Rationality-Assumption Bias In Contributions Of 2022 Nobel Economists: The Key To Understanding The Current Inflation Predicament And The Global Financial Crisis
- Sunday, October 23, 2022, 7:10
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2022 economics Nobel recipients downplay irrationality, and this is problematic. The real world costs of ignoring the psychological drivers of irrational behavior lead to serious problems, such as unnecessary inflation, financial fragility, instability, and financial crisis — all global.
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