Awakened Economics
Bond SnodgrassThe untold story of how economic luminaries from Adam Smith to modern Nobel Prize winners set the stage for uncoupling ethics from influential economic theories, and how economics has much to gain by intertwining with universal spiritual principles.
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 84 | Subscribers | Read | awakenedeconomics.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Heuristics and Shortcuts
TL;DR: We recount how Amos Tversky and Daniel Kahneman showed that in real life, far from making rational, optimal decisions, we humans frequently rely instead on mental shortcuts that are frequently erroneous. They called these shortcuts “...
The Absurdity of Transitive Preferences
TL;DR: Our next post on the emergence of behavioral economics. We continue to tell the story of Amos Tversky and Daniel Kahneman, the two Israeli psychologists whose work in the 1970s upended decision theory.
How Two Israeli Psychologists Upended Decision Science
TL;DR: We introduce Daniel Kahneman and Amos Tversky, two Israeli psychologists whose work came to upend decision theory, and laid important foundations for behavioral economics.
How Utility Theory Became Behavioral Economics’ Hard Target
TL;DR: The next of our posts on the chimera of behavioral economics. We tell the tale of the emergence of the “discounted” and “expected” versions of utility theory, whose strict mathematical tenants and rigid assumptions became hard target...
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The Intertwinement of Economics & Spirituality
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