Richard Thaler

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Obama Brain Trust's Key 'Ism' Is Pragmatism

Team of behavioral economists bucks convention, ideology

(Newser) - Barack Obama’s brain trust leans heavily on behavioral economics, the New Republic reports, with academics who start small in their analyses—looking at everyday anomalies—and are relatively ideology-free pragmatists. From his top economic adviser to his health-care and Social Security aides, Obama is surrounded not by "big-think... More »

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