Economics

Economics

Richard H. Thaler: To Intervene or Not to Intervene

Investing and throwing darts share many similarities.Most investors and dartists miss. But simple behavioral nudges can help improve our accuracy so that we’re more on target.Take Richard H. Thaler’s often-cited example of the urinals at an Amsterdam airport: Patrons...

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Negative Rates Could Happen in America, Too

Posted August 7, 2019 by Joshua M Brown Everyone is reading this new Joachim Fels piece at PIMCO today about...