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Economists and Psychologists Are Weaponizing Psychology and the Idea of “Rationality”

Summary:
Behavioral economists and psychologists define as irrational anything that doesn't fit into a narrow model of behavior. Anything "irrational"—like buying the "wrong" stock—must be fixed with government regulation. Original Article: "Economists and Psychologists Are Weaponizing Psychology and the Idea of "Rationality"" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. ...

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Behavioral economists and psychologists define as irrational anything that doesn't fit into a narrow model of behavior. Anything "irrational"—like buying the "wrong" stock—must be fixed with government regulation.

Original Article: "Economists and Psychologists Are Weaponizing Psychology and the Idea of "Rationality""

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 

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