Dan Ariely

President Obama was on Wall Street yesterday pushing for stronger oversight of the financial industry, which he set forth as the best way to prevent another massive financial collapse. Are watchful eyes really all we need to keep us honest?

Under a proposed new rating system, Texas schools that train teachers will be held accountable for their graduates’ effectiveness on the jobs. That means bad grades may point to a bad teacher’s teacher and not the student’s bad habits.

For a look at how the new restrictions may affect we got here and what the credit card industry has done to perpetuate this kind of debt The Takeaway is joined by Dan Ariely, James B. Duke Professor of Behavioral Economics at Duke University.

Dan Ariely, a behavioral economist, has first-hand insight into how one self-destructive financial decision can thrust us into a downward spiral of many bad decisions. Dan Ariely is a professor at Duke University and author of ‘Predictably Irrational.’

For a primer on what motivates us to cheat?and what keeps us honest?we are joined by behavioral economist Dan Ariely. He is the James B. Duke Professor of Behavioral Economics at Duke University.