Deep cut for those of us who read way too many substacks and actually read some of these wonky books.
Gotta say, I was at least partially taken in like Obama was. I think I wanted to believe there was “one weird trick” to getting people to wash their hands more or get people to save more for retirement.
The thing is, I still think “people are predictably irrational” is substantially correct (see my comment above about traders/hedge fund managers irrationally believing Trump was bluffing about tariffs). Think behavioral economics has a lot to recommend. So it makes it all the more galling to see Ariely made up his data because (as far as I can tell) he’s just that committed to libertarianism.
They asked Dan Ariely to gather the data.
Deep cut for those of us who read way too many substacks and actually read some of these wonky books.
Gotta say, I was at least partially taken in like Obama was. I think I wanted to believe there was “one weird trick” to getting people to wash their hands more or get people to save more for retirement.
The thing is, I still think “people are predictably irrational” is substantially correct (see my comment above about traders/hedge fund managers irrationally believing Trump was bluffing about tariffs). Think behavioral economics has a lot to recommend. So it makes it all the more galling to see Ariely made up his data because (as far as I can tell) he’s just that committed to libertarianism.