Michael Lewis Likes Disruptive Behavioral Economics Professor, Richard Thaler

Is this, the current generation of leaders and influencers, really disruptive or do they just think they are disruptive? Author Michael Lewis, who has documented many of the “disruptive” economic trends over the past decade or so, wonders this as he ponders in a recent Bloomberg View article what in some economic circles is considered the “softer” science of behavioral economics. [munger] Michael Lewis: Behavioral economists notes how humans make mathematically illogical decisions Behavioral economist Richard Thaler was said to have disrupted the very statistically-driven University of Chicago when he was given a tenured appointment to the academic staff, which…