The Investopedia Express with Caleb Silver cover image

What Happens When an Economist Turns Financial Advice Upside Down?

The Investopedia Express with Caleb Silver

00:00

The Importance of Behavior in Economics

I'm a professional economist. I don't make that statement lightly people have gotten Nobel prizes in this field and to call it bull is a strong strong strong statement. So why are we blaming people? You know no doctor would blame somebody for having an infection that would give them penicillin And they wouldn't just sit around studying infections. That's what I'm saying our profession needs to move from Description of prescription prescribing what people should do right? Very interesting take so I get to take on behavioral finance and the advice industry the financial planning industry As you mentioned it excused the planes you and I are very close to an airfield down here in St Petersburg, Florida.

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