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Crunch time: how to deal with grim economic news
The Guardian: The last few weeks have been truly terrible ones for the financial markets. But that’s just another way of saying they have been excellent weeks for the British blog Brokers With Hands On
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Economic Inequality Is Linked To Biased Self-Perception
Pretty much everybody thinks they’re better than average. But in some cultures, people are more self-aggrandizing than in others. Until now, national differences in “self-enhancement” have been chalked up to an East-West individualism-versus-collectivism divide. In
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Lessons From Cloud Nine
The Wall Street Journal: In recent years, economists and psychologists have joined forces to unravel the secrets of human happiness. “The Happiness Equation” is one researcher’s attempt to share his field’s discoveries with a broad
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Could stock market stress induce poorer financial decisions?
Los Angeles Times: The Dow Jones industrial average’s wicked drops this week seem to have many investors turning to U.S. Treasury bonds and otherwise retreating into defensive economic positions to wait out the apparent financial
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Home builders need to look beyond the focus group to learn what buyers want
Washington Post: What do home buyers want? For more than two decades, home builders have sought to answer this perplexing question by sifting through the information gleaned from focus groups. Typically, the people who participate
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Defining Economic Interest
The New York Times: Republican resistance to raising taxes represents a distinctly minority view. The latest New York Times/CBS poll shows that only 34 percent of adults believe that taxes should not be increased on