Process
Status Items Output None Questions None Claims None Highlights Done See section below
Highlights
id608820717
Behavioral economics’ major insight was that people often don’t act rationally, contrary to the assumptions of neoclassical economics.
id608820731
You see, the main problem in economic life wasn’t exploitation or plutocracy. No, the real issue was that people are idiots.
id608820710
rather than enacting broad, redistributive changes, we could just make small tweaks that tricked us into behaving better.
id608820575
past few years, some eminent behavioral scientists have come to regret their participation in the fantasy that kitschy modifications of human behavior will repair the world.” He notes its emphasis on the personal over the systemic and quotes a University of Chicago economist saying, “This is the stuff that CEOs love, right? It’s cutesy, it’s not really touching their power and pretends to do the right thing