getAbstract Summary: Get the key points from this book in less than 10 minutes.

Economics is as mathematical as ever, and it remains rife with unrealistic expectations about human behavior. For theoretical convenience, economists assume that everyone behaves rationally and makes the best possible choices at all times. But, says economist and Nudge co-author Richard H. Thaler, real human beings act in predictably irrational ways. He argues convincingly – and with no shortage of witty anecdotes and all-too-human stories of his own battles with economics orthodoxy – that a dose of behavioral science could produce better economic forecasts, lead to improved public policies and give the dismal science a much-needed human touch. getAbstract recommends this captivating treatise to readers familiar with economics and interested in the evolution of its behavioral aspects.

Book Publisher:

W.W. Norton