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Loss Aversion

Economic progress may not add to wellbeing

Brian Easton looks at how the Prospect Theory of Behavioural Economics makes economic analysis difficult

9th Dec 24, 9:20am

by Brian Easton

Brian Easton looks at how the Prospect Theory of Behavioural Economics makes economic analysis difficult

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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

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