I'm holding my breath waiting for the behavioral economists to start researching and writing about nudging the wealthy and the powerful. Oh, wait, *their* choices are rational by definition. I've been posting a series of blog entries on "libertarian paternalism" as the noodges call their approach. Latest was "The Power of Framing and the Framing of Power" http://econospeak.blogspot.com/2015/05/the-power-of-framing-and-framing-of.html
On Tue, May 12, 2015 at 5:18 AM, Louis Proyect <[email protected]> wrote: > But what’s most striking—and in some circles, controversial—about their > work is not what they reveal about the effects of scarcity. It’s their > assertion that scarcity affects anyone in its grip. Their argument: > qualities often considered part of someone’s basic character—impulsive > behavior, poor performance in school, poor financial decisions—may in > fact be the products of a pervasive feeling of scarcity. And when that > feeling is constant, as it is for people mired in poverty, it captures > and compromises the mind. > > full: http://harvardmagazine.com/2015/05/the-science-of-scarcity > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Cheers, Tom Walker (Sandwichman)
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