The podcast explores the psychosocial implications of poverty in the society. Keetie Roelen investigates how the emotion of shame and policy-making are intertwined. 2017 Level: debutante The Psychosocial Side of Poverty Keetie Roelen PS - Project Syndicate When we have to make a decision, we consider all the pros and cons, try to gather a lot of information and estimate what consequences this decision might have. And then we make an (at least somewhat) rational decision. Or do we? 2017 Level: debutante Choice blindness Petter Johansson TED Talk Economists like to base their theories on individual decision making. Individuals, the idea goes, have their own interests and preferences, and if we don’t include these in our theory we can’t be sure how people will react to changes in their economic circumstances and policy. While there may be social influences, in an important sense the buck stops with individuals. Understanding how individuals process information to come to decisions about their health, wealth and happiness is crucial. You can count me as someone who thinks that on the whole, this is quite a sensible view. 2020 Level: debutante Decision by Sampling, or ‘Psychologists Reclaim Their Turf’ Cahal Moran Rethinking Economics This invaluable volume brings together seminal articles with a significant behavioural content on various areas in macroeconomics. 2012 Level: adelantado Behavioural Macroeconomics Ian Martin McDonald Edward Elgar This course covers recent advances in behavioral economics by reviewing some of the assumptions made in mainstream economic models, and by discussing how human behavior systematically departs from these assumptions. 2020 Level: adelantado Psychology and Economics Prof. Frank Schilbach Massachusetts Institute of Technology Financial Evolution at the Speed of Thought A new evolutionary explanation of markets and investor behaviorHalf of all Americans have money in the stock market yet economists can t agree on whether investors and markets are rational and efficient as modern financial theory assumes or irrational and inefficient as behavioral … 2017 Level: adelantado Adaptive Markets Andrew W. Lo Princeton University Press Winner of the Nobel Prize in Economics

Get ready to change the way you think about economics.

Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans--predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth--and change the way we think about economics, ourselves, and our world. 2016 Level: adelantado Misbehaving Richard H. Thaler W.W. Norton Uncertain Futures considers how economic actors visualize the future and decide how to act in conditions of radical uncertainty. It starts from the premise that dynamic capitalist economies are characterized by relentless innovation and novelty and hence exhibit an indeterminacy that cannot be reduced to measurable risk. 2018 Level: adelantado Uncertain Futures Beckert, Jens; Bronk, Richard Oxford University Press