Home market prices they say have stopped rising, page-17

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    "There’s a psychological reason why you always think you’re right in an argument People can be very stubborn. And when we argue for a point, we rarely change our mind, especially in the heat of the moment - even if we don’t have all the facts. This could be for a range of reasons, mainly because, from our point of view, we’re right. Psychologists dub this as the 'illusion of information adequacy', as researchers detail in their new paper published in the journal PLoS One. They revealed that people assume that have all the information they need to make a decision, even if, in reality, they don’t ".

    This seems to be quite prevalent in this forum. MIT has a series of free courses about economics that maybe of interest to some, especially the ones about macro.


    Lecture 1: Introduction to 14.02 Principles of Macroeconomics | Watch

 
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