The idea of applying psychology or behavioural sciences to communication is not a new one. It's very old behavioural economics. If it gives you some additional insights - so be it.
People want to think of economics as a natural science, like physics, with the comforting reliability of simple-to-understand theories like F=MA. Unfortunately, it isn't. Economics is a social science, and the so-called theories are really social and moral constructs.
My interest in economics just basically comes because I think I'm a curious person, and I'm interested in how the world works.
Immigration is not just compatible with but is a necessary component of economic growth.
Classical economics values things by seeing how much someone will pay for them. But this is where classical economics is wrong. What it fails to account for are all the 'externalities' - the services people regard as free goods: pollination services, flood protection, climate regulation, soil stabilization, carbon sequestration.
In the world of traditional economics, it shouldn't matter whether you use an opt-in or opt-out system. So long as the costs of registering as a donor or a nondonor are low, the results should be similar. But many findings of behavioral economics show that tiny disparities in such rules can make a big difference.
Exploration is the engine that drives innovation. Innovation drives economic growth.
I am proud to support the incredible economics department at the University of Chicago.
Advocates of a tax overhaul often point to the 1986 act as a model for a comprehensive approach that ushered in a long period of economic growth.
You alleviate poverty by trickle-down economics.
I'm the result of upbringing, class, race, gender, social prejudices, and economics. So I'm a victim again. A result.
Looting speaks to a lack of economic opportunities - frankly, we all would loot, too, if our families' continued survival depended on it.
And I know this happens because I took economics, and I'd explain it to ya, but I flunked that course. Not my fault. They taught it at 8 o'clock in the morning. And there is absolutely nothing you can learn out of one bloodshot eye.
I decided to go to the London School of Economics to write my thesis for MIT, under James Meade, Nobelist with Bertil Ohlin in 1977.
Experimental economics is about conducting experiments: bringing economics into the laboratory or creating controlled conditions in the field that allow us to understand better what we are seeing in less controlled circumstances.
I'm sort of suspicious of most economic development projects, but the ones that encourage taxpayer-funded relocation bidding wars should be declared unconstitutional.
Economics is not brain surgery.
Economic recovery begins with our small businesses.
Economics is half psychology and half Grade Three arithmetic, and the U.S. does not now have either half right.
The United States cannot achieve significant economic growth without expanding exports.