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Punit Shah – People with Autism Make More Logical Decisions

The following essay is reprinted with permission from The Conversation, an online publication covering the latest research. Decisions are based on the way choices are framed. This is because people use emotion when making decisions, leading to some options feeling more desirable than others. For example, when given £50, we are more likely to gamble the money if we stand to lose £30 …

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Robert Frank – The Perfect Salary for Happiness: $75,000

In July, I blogged about a study that revealed subtle links between money and happiness. The study, which analyzed Gallup surveys of 450,000 Americans in 2008 and 2009, suggested that there were two forms of happiness: day-to-day contentment (emotional well-being) and overall “life assessment,” which means broader satisfaction with one’s place in the world. While a higher income didn’t have …

The Federal Reserve Board, Jobs and the Rewriting of Economic History By Dean Baker

As most people know, economists are good at rewriting history. We have seen this in the last few years as the collapse of the housing bubble and the ensuing downturn has been turned into one of those unavoidable tragedies that could not have been prevented. After all, no one could have imagined that house prices wouldn’t keep going up forever …