How to move behavioral economics forward with federalism

Phil Armour moves from reader to guest blogger this week with a post about one of behavioral economics’ greatest criticisms: Drawing sweeping conclusions from experiments on college sophomores. Armour argues that politicians may be able to do more than draw from behavioral economics. They may be able to help add to its research agenda thanks to the magic – or just the political structure – of federalism.

A disclaimer: The views in Armour’s post are his alone, and do not represent those of the Federal Reserve Bank of San Francisco (where he works) or the Federal Reserve System.

Read Armour’s post here.

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