Acton Institute Powerblog Archives

Post Tagged 'Teppo Felin'

Is behavioral economics blind to its blindness?

I find some of the work of behavioral economists, especially that of Daniel Kahneman to be very interesting and important. Thinking Fast and Slow is essential reading. His distinctions between what he calls Type I and Type II thinking is very insightful, and the broad critique that human beings don’t always act like rational maximizers is a correct. Continue Reading...