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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 476.00+2.4%4:00 PM EST

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To: Haim R. Branisteanu who wrote (103992)12/15/2013 9:10:41 AM
From: carranza2  Read Replies (1) of 219789
 
Get the latest issue of Foreign Affairs.

It has an article by Greenspan in which he laments the fact that no economist of significance, including himself, predicted the 2008 crisis. He blames this failure on the near total ignorance of the mainstream of how
human behavior affects markets (no, he doesn't even hint that this is a cornerstone of Austrian thinking.)

Behavioral economics is old hat, but the herd has ignored it.

I have had this site bookmarked for years. Many, many good articles

behaviouralfinance.net

Do Bernanke and Yellen follow behavioral Econ? Don't bet on it.

A good intro:

behaviouralfinance.net
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