Habit formation and the economic core
I have repeatedly been informed that the "economic man" is a poor description of individuals, and given this economic models provide a poor description of the world we live in. As I have said previously, I don't agree with this conclusion - and we really need to ask what an economic model is, and why we are using it, to understand the scope of economic…
Keep reading with a 7-day free trial
Subscribe to Matt's musings to keep reading this post and get 7 days of free access to the full post archives.