Theory Vs. Reality: Why Our Economic Behavior Isn’t Always Rational

Posted by on May 28, 2020 6:02 pm
Categories: US National Stories

Bilal Chaudhry, 16, picks up a dozen eggs to give to a person in a car during a free egg distribution in Cumru Township, PA. The distribution was held to help people during the COVID-19 outbreak.

We don’t always behave the way economic models say we will. We don’t save enough for retirement. We give money to charity. This week, why we act in ways that go against our “rational” self-interest.

(Image credit: MediaNews Group via Getty Images)

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