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Dan Ariely and the Behavioral Economics of Debt
Dan Ariely talks about the mistakes the financial services industry makes and the best approach to controlling spending to stay within boundaries. He also talks about bankruptcy stigma and the way people interpret the stigma and the life cost of that bias.Dan suggests that if bankruptcy was called a second chance program or a second start that more people would turn to that solution because it would help them to get past the unconscious stigma that holds them back from making a the best and most rational decision.
Published 2 years ago
