A critical look at Obama, behavioral economics
Monday, April 6th, 2009from Mind Hacks:
“Time magazine has a recent article on how the Obama team are making behavioural economics the centre of their financial policies in the hope of altering the behaviour of US citizens. But where are the sceptical voices?
For example, one major problem is knowing how well largely lab-based studies will scale up to whole-population economic systems.
And it’s notable that behavioural economists who specialise in making this link, a field they call behavioural macroeconomics, seem absent from the Obama inner circle.”
link to full article.