Behavioral Economics Challenges the Rationality of Consumer Choices

Tags PhilosophyPhilosophy and MethodologyPraxeology

01/11/2023Frank Shostak

Narrator:

While behavioral economics claims to be an effective way of measuring individual economic behavior, it actually sets back authentic economic analysis.

Original Article: "Behavioral Economics Challenges the Rationality of Consumer Choices"

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Contact Frank Shostak

Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments of financial markets and global economies. Contact: email.