Why most people fail miserably in financial markets

Punk Economics – Economics in the dock – Why economists gets things so wrong. Here is a direct link.

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3 Responses to Why most people fail miserably in financial markets

  1. Robert says:

    Governments completely reject individual autonomy in economic affairs and seek to control the individual using policies based on statistical analysis to influence human behaviour to achieve whatever political aim they are currently pushing which is usually achieving or maintaining power. A better direction towards economic sanity is the Austrian School of Economics based upon “Human Action” and allowing the market to support individual economic decisions based upon individual needs and desires. Free markets are the basis of our former prosperity in the Western World and Statism is responsible for our diminishing economic prospects.

  2. Pingback: Why most people fail miserably in financial markets | Juggling Dynamite « The Affluent Boomer™

  3. Robert says:

    Whenever I get too frustrated with whole government financial corrupt out of control spending insanity this little video soothes my soul.

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