Economists Do It With Models

Warning: “graphic” content…

Bookmark and Share
News Flash!

September 18th, 2007 · 1 Comment
Behavioral Econ

Even Alan Greenspan is jumping on the behavioral bandwagon! Apparently he too concedes that human beings are more complex (and presumably less focused on pure self-interest) than Adam Smith professed, and he asserts that an understanding of human nature is crucial to developing suitable models of the economy. I certainly agree.

Tags: Behavioral Econ

1 response so far ↓

  • 1 Sydneys cheapest tiles // Nov 24, 2011 at 10:07 pm

    I just really understand this unique put up. I’ve long been researching everywhere of this! Thank goodness I recently came across it again concerning Yahoo. You have developed your time of day! Thank you ever again!

Leave a Comment