NOVA: Mind Over Money

In the aftermath of the worst financial crisis since the Great Depression, NOVA presents "Mind Over Money"-an entertaining and penetrating exploration of why mainstream economists failed to predict the crash of 2008 and why we so often make irrational financial decisions. It's a show that reveals how our emotions interfere with our decision-making and explores controversial new arguments about the world of finance. Before the current crash, most Wall Street analysts believed that markets are "efficient"-that investors are reasonable and always operate in their own economic self-interest. Most of the time, these assumptions of classical economics work well enough. But in extreme situations, people panic and conventional theories collapse. In the face of the recent crash, can a new science that aims to incorporate human psychology into finance-behavioral economics-do better?

Movie Genres: Economy, Foreign

Movie Released: 30 Nov, 2009

Video Length: 52 min

Total Views: 1,373 Times

Website Rating: 0.00/5

IMDB Rating: Unavailable