Volatile Emotions are Driving the World Economy16 August, 2016
Economic predictions depend on figuring out what generates economic activity. Since the turn of the 20th century, economists have struggled to grasp what drives various parts of the economy, from consumer goods to commodities to housing. Yet the underlying causes of financial events remain elusive.
Scientists at University College London, however, appear to be finally making some headway. A team of researchers at the Centre for the Study of Decision-Making Uncertainty led by professor David Tuckett, one of London’s leading psychoanalysts, is studying the psychological moods of market participants to decipher what drives economic activities.
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