Nova Program Mind Over Money

11-05-2021
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  1. Mind Over Money Summary
  2. Mind Over Money Klontz
  3. Nova Program Mind Over Money Documentary
  4. Nova Program Mind Over Money Lyrics

Overview

Watch NOVA - Season 37, Episode 17 - Mind Over Money: In the wake of the financial crash of 2008, NOVA recreates experiments from the field of behavioral economics to help il. The program reveals how our emotions interfere with our decision-making and explores controversial new arguments about the world of finance. Mind Over Money, right now on NOVA.

The program reveals how our emotions interfere with our decision-making and explores controversial new arguments about finance. 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.

Mind Over Money Summary

As devastating as the global financial meltdown of 2007-9 was, it actually stunned the vast majority of people, including those generally regarded as financial wizards. Curiously, these individuals not only failed to predict the depression, but long argued that such a calamity was next to impossible. Their arguments rested on axioms central to classical economics, including the notions that investors generally act reasonably and tend to act on the basis of their own self-interest. The problem with this logic is that such rules no longer apply in extreme situations amid great panic. The episode of the classic PBS documentary series Nova entitled Mind Over Money draws on interviews with fiscal experts and scientific experiments tied to money to investigate the great leap forward in economic understanding engendered by the said meltdown.
Nova Program Mind Over Money

Groundbreaking research done by behavioral economists may pose the greatest academic threat ever to free-market theory, suggesting that emotions linked to brain chemistry — not rational self-interest — play a deciding role in how we spend, save and invest.

Mind Over Money Klontz

Experts argue the findings should profoundly reshape economic policy. Watch the introduction to a “NOVA” special on the subject below, then follow the links to see the full 53-minute piece. –ARK

Nova Program Mind Over Money

Nova Program Mind Over Money Documentary

Can markets be rational when humans aren't? A collection of BBC shows selected exclusively for members of WGBH Passport. 'Mind Over Money' is 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.

Nova Program Mind Over Money Lyrics

NOVA:

Watch Mind Over Money on PBS. See more from NOVA.