A snowball’s chance in this economy: How one bad economic decision can lead to others
These days it seems that economists are the go-to people to explain many of the world’s ills, from sub-prime lending to credit default swaps to Ponzi schemes to the bad, emotionally charged decisions that we make with our own money. Dan Ariely, a behavioral economist, has some first-hand insight into how one self-destructive financial decision can thrust us into a downward spiral of many bad decisions. Dan Ariely is the James B. Duke Professor of Behavioral Economics at Duke University and author of Predictably Irrational.
At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.
Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!