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Category: Behavioral Economics

October 2, 2020 Behavioral Economics / Economy Things

Marx and Commodity Fetishism: My Love for Playing Cards

It is natural to correlate fetishism with a sexual connotation, but when Karl Marx discussed the fetishism of commodities, he was instead dictating people’s mysterious notion to enter a social contract of anthropomorphizing commodities.

March 3, 2020 Behavioral Economics / china / DTF / Market News

Dealing with uncertainty, Black Swans, Coronavirus, Stock Market Crashes

The flaw that humanity’s approach to probability is that we confuse lack of evidence with proof of certainty.

December 5, 2019 Behavioral Economics / DTF / Economy Things

Buying Supreme will make you less happy (maybe)

Conspicuous spending is defined as the purchase of goods and services primarily for showcasing one’s status and economic wealth to society. It is a display of power.

April 15, 2019 Behavioral Economics / DTF

Decision Making: Sunk Cost Fallacy

At the end of the day, the sunk cost fallacy is caused by pride, loss aversion, and irrational commitment to past decisions. The sunk cost fallacy makes us stupid. Don’t let it trick you.

March 14, 2019 Behavioral Economics / DTF / Economy Things

Decision Making: Accounting Costs vs. Economic Costs

There ain’t no such thing as a free lunch. Every economist will tell you this. Why? Opportunity costs!

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Recent Posts

  • Marx and Commodity Fetishism: My Love for Playing Cards October 2, 2020
  • Markets Insights: March 19th Briefing March 19, 2020
  • Markets Insights: March Outlook March 13, 2020
  • Dealing with uncertainty, Black Swans, Coronavirus, Stock Market Crashes March 3, 2020
  • Portfolio Update (February 2020) February 19, 2020

Categories

  • Behavioral Economics (6)
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  • DTF (28)
  • Economics Of (4)
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  • investing (10)
  • Market News (12)
  • money things (1)
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  • What the F is…? (5)

My Daily Blog: Blog of Jeff Wang

Proud to be Asian-American

Buying Bitcoin in 2014

free will

What is Love?

boiling a frog in toxic water

Enter your email below to follow this blog and receive notifications of new posts by email. Stay up to date on trending finance & investing news.

Join 543 other followers

Recent Posts

  • Marx and Commodity Fetishism: My Love for Playing Cards October 2, 2020
  • Markets Insights: March 19th Briefing March 19, 2020
  • Markets Insights: March Outlook March 13, 2020
  • Dealing with uncertainty, Black Swans, Coronavirus, Stock Market Crashes March 3, 2020
  • Portfolio Update (February 2020) February 19, 2020

Categories

  • Behavioral Economics (6)
  • china (9)
  • DTF (28)
  • Economics Of (4)
  • Economy Things (19)
  • investing (10)
  • Market News (12)
  • money things (1)
  • PDF Reports (1)
  • Portfolio (2)
  • Resources (2)
  • Stocks (10)
  • What the F is…? (5)

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