2min chapter

People I (Mostly) Admire cover image

58. Why Is Richard Thaler Such a ****ing Optimist?

People I (Mostly) Admire

CHAPTER

Behavior Economics

Behavior economics has succeeded to the extent that every top journal has behaviorl economic articles in almost every issue. On the other hand, the text books have barely changed at all. So no, there's not been a paratime shift. Maybe in another 30 years the profession will look a little different but it's hard to imagine a complete revolution.

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