Your Irrational Future
Tuesday, January 19th, 2010
Cracked is one of my favorite blogs. It’s funny and informative. If you’re not reading it on a regular basis you are missing a lot.
Today Dan Seitz posted 6 Logical Fallacies That Cost You Money Every Day. In it he does a great job of explaining how our brains fool us into parting with our money. Seems our reptilian brain just doesn’t get the time value of money.
I’ve written about this too. It’s important for anyone in business–marketing or otherwise to understand why markets and consumers are not so rational.
Sorry Adam Smith. It’s funny ’cause it’s true.
Cracked is one of my favorite blogs. It’s funny and informative. If you’re not reading it on a regular basis you are missing a lot.
Today Dan Seitz posted 6 Logical Fallacies That Cost You Money Every Day. In it he does a great job of explaining how our brains fool us into parting with our money. Seems our reptilian brain just doesn’t get the time value of money.
I’ve written about this too. It’s important for anyone in business–marketing or otherwise to understand why markets and consumers are not so rational.
Sorry Adam Smith. It’s funny ’cause it’s true.