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Behavioral Economics and

Personal Finance

Behavioral Economics Vs Traditional Economics

Lizzie Maggie was an extraordinary person. In addition to creating a game that would turn into an American classic, she was also a writer and a stand up comedian, in 1890. She was a feminist, abolitionist, and Georgist and created the Landlord's game to teach people about Henry George's economic ideas. Patented in 1904, the Landlord's Game was a board game that people played to learn about the short-comings of capitalism and the better alternative of what was called the Single Tax Method.

 

-Intro Behavioral vs traditional

-Anchoring

-Loss aversion

-Short vs long term

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