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Why Doesn’t “Regular” Economics Work? – Causal Economics

Why Doesn’t “Regular” Economics Work?

The mainstream economics most of us learned in school is known as neoclassical economics, and it quite simply doesn’t explain human behavior. It’s all built on the 100% rational economic man – homo economicus. And well, people are regularly observed to be irrational/emotional. The recent surge in popularity of Behavioral Economics came about to fill the