185 books
—
226 voters
Behavioral Economics
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In fact quite generally, commercial advertising is fundamentally an effort to undermine markets. We should recognize that. If you’ve taken an economics course, you know that markets are supposed to be based on informed consumers making rational choices. You take a look at the first ad you see on television and ask yourself … is that it’s purpose? No it’s not. It’s to create uninformed consumers making irrational choices. And these same institutions run political campaigns. It’s pretty much the s
...more
”
― The Kind of Anarchism I Believe in, and What's Wrong with Libertarians
― The Kind of Anarchism I Believe in, and What's Wrong with Libertarians
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[You’ll] learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about “The economy” as you become increasingly focused on “My economy.
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― Personal Benchmark: Integrating Behavioral Finance and Investment Management
― Personal Benchmark: Integrating Behavioral Finance and Investment Management
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