In The Atlantic, economist Bourree Lam looks at how Marie Kondo's bestselling tidying book reflects the principles of behavioral economics. Marie Kondo previously on Metafilter. AskMe collects great advice from members on how to do KonMari.
Behavioral Economics for Kids [pdf] is a free ebook from the Ivey School of Business that illustrates (to adults, really) the basic principles of behavioral economics, including the Endowment Effect (we value what we have more than what it is worth), Hyperbolic Discounting (the time we wait for rewards influences value in non-linear ways), the dishonesty of honest people, and Base Rate Neglect (why we make bad assumptions based on inherent biases). Though the findings are well-established, the labeling is subject to change, as many social psychologists argue, this is not behavioral economics, it is well-established psychology.
Charlie Munger (prev) gave an oft referenced talk at Harvard in 1995. Here's the full audio. [more inside]
The Marvels and the Flaws of Intuitive Thinking, an Edge Master Class with Nobel Laureate Daniel Kahneman. Follow-up discussion with Leda Cosmides, John Tooby, and Steven Pinker. (previously)
"Track trespassing is the largest everyday cause of unnatural deaths in Mumbai." Every day, an average of 7 million commuters ride the Mumbai Suburban Railway. Every day, an average of 10 people are killed crossing the train tracks. Can the lessons of Cognitive Neurology and Behavioural Economics change this? The results of a pilot public safety project seem promising.
A Short Course In Behavioral Economics, an "Edge Master Class" from Richard Thaler and Nobel Laureate Daniel Kahneman. [more inside]
Richard Posner, Gary Becker and Cass Sunstein debate "Libertarian Paternalism", a fancy and ugly term used to describe how some behavior economists think recent findings about human fallibility might bear on law and public policy. (previously)
In 1980 Ronald Reagan surrounded himself with economic thinkers that challenged the prevailing Keynesian doctrine with supply side economics. In the same way that Arthur Laffer and Milton Friedman drove Reagan's thinking. A new generation of economists from the University of Chicago are advising Barack Obama. Will behavioral economics change politics the way supply side economics did a generation ago?