The Nobel committee called Thaler a "pioneer," paving the way for a new field of study that looks at the intersection of economics and human psychology.
By Layla Quran
In economics, a theory has long prevailed that markets are based on people making rational choices. But behavioral economist Richard Thaler is seeking to prove that there is far more randomness to our financial decisions. Economics correspondent Paul Solman talks…
By PBS NewsHour
Editor’s note: Today’s segment in our continuing series of video conversations with economist Simon Johnson, author of the popular Baseline Scenario blog, focuses on the Obama administration’s plan to reform consumer protections for financial products. At one point,…
By Business Desk
Question: I am the slightly nervous person who you interviewed recently on Broadway and 30th Street. We spoke briefly about jobs, the economy, and when and if the green shoots will sprout. I wanted to tell you that the…
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