The Nobel Prize and Behavioral Economics: Anything Here for Austrians?

0

Gene Epstein of Barron’s joins me to discuss Richard Thaler, this year’s recipient of the Nobel Prize in economics, who has helped to popularize “behavioral economics,” and how to deal with situations in which people behave “irrationally” (that is, unlike the way neoclassical economics expects them to). Subscribe to the Tom Woods Show: https://itunes.apple.com/us/podcast/t… http://www.TomWoods.com/1021 http://www.SupportingListeners.com http://www.RonPaulHomeschool.com http://www.FreeHistoryCourse.com http://www.TomsFreeBooks.com