Economists are wont to criticise habits as a sign of irrationality, but they’re often a sensible rule of thumb that stops us doing other things we’ll later regret.
A case in point: over the years, I’ve developed the habit of not reading Ross Gittins. Last week I broke that habit, and the experience reminded me of how sensible that habit was.
Click here to read the rest of this post
Help reform economics. Kickstart Minsky now!: http://t.co/rzFwjEnJ
