Free market madness: why human nature is at odds with economics - and why it matters

Humans just aren't entirely rational creatures. We decide to roll over and hit the snooze button instead of going to the gym. We take out home loans we can't possibly afford. And did you know that people named Paul are more likely to move to St. Paul than other cities? All too often, our...

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Bibliographic Details
Main Author: Ubel, Peter A.
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Boston, Ma. 2009
Harvard Business Press
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19287554124910057369-Free-market-madness-why-human-.htm
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author Ubel, Peter A.
author_facet Ubel, Peter A.
collection Library items
description Humans just aren't entirely rational creatures. We decide to roll over and hit the snooze button instead of going to the gym. We take out home loans we can't possibly afford. And did you know that people named Paul are more likely to move to St. Paul than other cities? All too often, our subconscious causes us to act against our own self-interest. But our free-market economy is based on the assumption that we always do act in our own self-interest. In this provocative book, physician Peter Ubel uses his understanding of psychology and behavior to show that in some cases government must regulate markets for our own health and well-being. And by understanding and controlling the factors that go into our decisions, big and small, we can all begin to stop the damage we do to our bodies, our finances, and our economy as a whole. Ubel's vivid stories bring his message home for anyone interested in improving the way our society works.
format TEXT
id 19287554124910057369_20f06695e80945cea00326eb8c06f0ed
institution ETUI-European Trade Union Institute
is_hierarchy_id 19287554124910057369_20f06695e80945cea00326eb8c06f0ed
is_hierarchy_title Free market madness: why human nature is at odds with economics - and why it matters
language English
physical XIV, 257 p.
Paper
publishDate 2009
publisher Boston, Ma.
Harvard Business Press
spellingShingle Ubel, Peter A.
behavioural sciences
market economy
psychology of work organization
Free market madness: why human nature is at odds with economics - and why it matters
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=128194694637
title Free market madness: why human nature is at odds with economics - and why it matters
topic behavioural sciences
market economy
psychology of work organization
url https://www.labourline.org/KENTIKA-19287554124910057369-Free-market-madness-why-human-.htm