Economy Jun 25

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How economists think differently from other humans

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…

Economy Aug 26

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Simon Johnson on Consumer Protection

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,…