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A review by gabiiprc
Misbehaving: The Making of Behavioral Economics by Richard H. Thaler
5.0
I'd already looked into behavioral economics before thanks to a course I took in college, however, this gave me a much deeper look into how and why the discipline is so fundamental today. Not to mention, the fact that it is written by a self-proclaimed lazy person made me rethink about how our priorities work out, as well as how I want to look at economics and how I make decisions.
Thaler teaches us that rational models are useful, but we must remember that they deal with econs and we live in a world of humans, we should always nudge for good and pay attention to the world around us, collecting data and speaking louder. All through a light, memorable and attention grasping prose (save for the finance part).
Recommended for anyone interested in economics and new ways to think about finance and public policy, as well as decision making
Thaler teaches us that rational models are useful, but we must remember that they deal with econs and we live in a world of humans, we should always nudge for good and pay attention to the world around us, collecting data and speaking louder. All through a light, memorable and attention grasping prose (save for the finance part).
Recommended for anyone interested in economics and new ways to think about finance and public policy, as well as decision making