Behavioral economics in the UK redux

June 24, 2008

As I mentioned in a previous post, behavioral economics seems to have advanced substantially in influencing policymakers in the UK. For some recent commentary on that phenomenon, see this article from the Sunday Times and this comment on the article. The comment notes that "The Sunday Times is very good at spotting intellectual trends. When they print an entire piece on some new thinking, it is an important sign that a change is taking place."