“Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be captured by three simple laws of nature. In fact, economists have 99 laws that capture 3 percent of behavior. Economics is a uniquely human endeavor.” HumansFactsLawSufferingThreeWishSimpleEconomicBehaviorPercentEconomicsInvestingEnvyPhysicsPsychologicalEndeavorCaptureDisorderEconomistLaws Of NatureCapturedPsychological Disorders Author:Andrew Lo
“My mother died of lung cancer last year. I felt helpless. As an economist, I thought, What can I do?” YearsLastsMotherFeltDiedCancerLast YearHelplessEconomistLungsMother DiedLung Cancer Author:Andrew Lo