« Georgia Won! | Main | Cheap shot on Ga Gang »
June 28, 2003
Behavioral Economics
Neat NYT story on the field. In the current economic climate, mainstream economists are looking more and more to the behavioralists. I've even practiced a little amateur behavioral econ myself, namely my speculation that (even) lower rates won't help spur the economy beyond a certain point. What's my reasoning? Who thinks a 1% interest rate is a great time to borrow money that didn't think 1.25% was? Additionally, how do you explain all those people out there who still haven't re-fi'd but will only get around to doing it once rates start going up?
Posted by Chris at June 28, 2003 05:53 AM
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)