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Americans are failing to save for retirement, investing their money foolishly, and choosing health insurance plans that poorly meet their needs. Why do so many of us make bad choices on such important issues? Recent scientific research shows that people are susceptible to cognitive biases. Because we are human, we...
Harvey C. Mansfield of Harvard University and AEI delivered the third of the 2008-2009 Bradley Lectures on November 3.
“Rational control” is the subjection of society to reason as opposed to superstition, prejudice, or tradition, with the aim of getting us to behave better. Alexis de Tocqueville says this idea or practice began with the French monarchy; a more recent example is Nudge: Improving Decisions about Health, Wealth, and...
Many students choose a college based on program offerings, cost, and distance from home, but they may be overlooking a vital piece of information: the school's graduation rate.
Nick Schulz reviews Animal Spirits.



