Gap Psychologydescribes the common desire to distance oneself from those “below” in any socioeconomic ranking and to come nearer those “above.” The socioeconomic distance is referred to as“The Gap.” Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime...
For their benefit, we offer three articles designed to help young investors who are trying to make sense of things and get started: Mark shares the story of the young investor’s secret weapon: the health savings account, which can do three great things at once. Lower medical insurance costs...
The oil market is basically all about psychology “This is simply because since 2003 the price of a barrel of oil has spiralled, while China continues to experience a rapid rate of industrial growth. These are the ‘subjective’ reasons why the BP report is more likely to cause alarm in...
Microeconomics, being a subset of Psychology, is like Quantum Field Theory in that both involvepredictable unpredictabilitieswe have yet to master. Thus, like physics, economics will have to wait for its Theory of Everything (though I suspect individual humans will continue to be even less predic...