AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Role of Behavior Economics in the Debt Crisis
Behavioral economics is like everything you knew about the rational actor in economics is wrong. But then when it comes down to it, they still are just on the side of giant banks and their predatory loans. The way they want to solve subprime mortgages, because I think you don't want to ban them because like they're good as we all know in 2023. Their proposal is that banks would have to provide more information.