Posts tagged Richard Thaler

Capitalism Hits The China Market

If you are a behavioral economist, you might start studying the Chinese stock market.  That market might have data in it that could make the case that irrational investors exist, and they actually price things irrationally.  I am referring to …






When “Nudge” Goes Bad

Richard Thaler and Cass Sunstein wrote a book called Nudge.  It’s based on the economic research behavioral economists have done over the past ten years.  Thaler is a leader in this part of economic theory. One of the premises of …






Demand Curves Slope Down And Why This Is Important To You

It’s a physical part of the economic equation. Demand curves always slope down. If you are into math, it means a demand curve will always have negative slope. What does this mean in the real world? As price goes down, …