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Causal Economics

A New Frontier of Behavioral Economics

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Marketing Blog

What’s the Biggest Difference Between Behavioral Economics and Causal Economics in Marketing?

Would Kotler Say Nudging is Marketing?

How to Speed up Your Sales Cycle with Causal Economics

Is Your Value Prop BS? Many Are …

Causal Economics is Kind of An Academic Version of Tony Robbins

Compensation Insights from Causal Economics

 

Causal Economics is a frontier branch of the super hot area of behavioral economics. It explains behaviors that can’t be effectively modelled by existing mainstream theories. Its central concept is causal coupling of cost and benefit over time – in individual decision making and macroeconomic situations. The theory asserts Pareto Optimality when all individuals are able to enjoy the benefits that result from costs they incur and bear the costs of benefits they receive. Major implications include free markets with corrections for externalities, small government, minimal monetary/fiscal policy, workfare (valuefare) and taxes aligned to specific spending business cases, not income, consumption and wealth.

Recent Posts

  • What’s the Biggest Difference Between Behavioral Economics and Causal Economics in Marketing?
  • Economics Can’t Actually Solve The Biggest Issues
  • Dangerous Nudges
  • How Can Causal Economics Be Summed up in a Few Simple Sentences?
  • Why is Causal Economics (CE) a Unifying Theory of Economics?

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