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Sound Economics has begun its first ever book club where we have chosen to read The Why Axis; Hidden Motives and the Undiscovered Economics of Everyday Life, by Uri Gneezy and John A. List, who are two of Forbes magazine’s “worlds most powerful economists”. The aim of their book is to provide the breakthrough ideas to challenge the assumptions of human decision-making. Gneezy added that the book provides “new understanding of the hidden motives that drive people to behave the way they do and of how we can achieve better outcomes for ourselves, our companies, our customers, and society Continue reading Introduction to Econ Book Club: The Why Axis
Although I didn’t intend to initially, I wanted to return to my blog post from 2 weeks ago. In that post, I attempted to address some points made by Brian M. Lucey on what happens to students who are taking more economics. His article is fairly concisely summarized by the following photo that he posted on his blog: So the question is: is this accurate? Do students who take economics become greedier and less inclined to cooperation than those who do not, based on the studies outlined in the post above? I think I unfairly smeared his point before, when I Continue reading Your Brain on Economics (Pt. II)