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Behavioral Economics

Wealth and Wellness

Previous studies have indicated that Americans’ quality of life plateaus at an annual salary of $75,000, but that myth has been dispelled. A research article in...

Increased Consumer Spending Among Scarcity

The global supply chain shortage amid rising inflation is abundantly prominent. The supply shortage could actually cause people to spend more despite rising prices....

Mass Psychosis and Totalitarianism

“Logic can be met with logic, while illogic cannot—it confuses those who think straight. The Big Lie and monotonously repeated nonsense have more emotional...

Pending Black Swan?

The traditional analysis keeps calling for the next Black Swan event asserting that massive leveraging of US nonfinancial businesses since 1972 is incompatible with...

PRIVATE BLOG – Why We Still Will Crash & Burn

PRIVATE BLOG – Why We Still Will Crash & Burn Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

A Fed First on Unemployment and Mental Health

The October 20, 2021, release of the Federal Reserve’s Beige Book revealed that the central bank is worried about American’s mental health, and with good...

The Psychology Behind Consumer Spending and Hedonic Adaptation

Consumer debt in the US reached $14.88 trillion in 2020, according to Experian’s consumer debt study. That is a $3 trillion increase in the past decade, and...