World of Psychology

It doesn’t take a genius to figure out that with recession-related anxiety saturating the very air we breathe, we might be a bit slow to trust our financial decisions.

For decades, economists did not find much merit in connecting psychology …

8 Comments to
Behavioral Economics: This Is Your Brain On Money

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  1. I enjoyed the article. I look forward to reading more of them in the future.

  2. Thanks, Jordan. You can find more in the PsychCentral archives, too. I think all you have to do is plug my name into the search engine at the top of the blog. /Best regards

  3. This is excellent. Thanks for posting….unfortunately the excitable reptilian brain tends to have more momentum in the mainstream.

  4. Great article :)

  5. Yes. That’s because we are pack animals. Once one of us panics, it spreads through the herd like wild fire and before you know it, we’re all stampeding off a cliff. It takes a lot of energy to stop, keep the frontal lobes engaged, and walk, not run, in a totally different direction.

  6. Thanks, Veronica!

  7. Dr. Aletta,
    I was really surprised about the “Spock-like” science behind the clamoring for our disposable income in the advertising industry while i was researching an article about minimalism and our desire to have more when we should have less.

    You can read it here if you’re interested…
    http://hubpages.com/hub/Consumerism-Vs-Minimalism-The-Science-Behind-Advertisements

    Thanks for writing this piece, and just know that i’ve embraced minimalism for years and i can certainly understand why society is suffering from anxiety.

    Rob

  8. Dear Rob, Thank you for your thoughts. One sort of side benefit of the recession is that many people are waking up to the emotional and spiritual imbalance that occurs when we embrace the belief that we are our material & financial assets rather than the content of our character and the quality of our relationships.

    You were ahead of the wave since you found your balance through minimalism years ago. I will definitely take the time to look at your website. Thanks for providing the link.

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