Economist Richard H. Thaler challenges conventional economic wisdom and proposes a radical alternative to how we should consider growth, investment, and human economic behavior.

Economics can often feel stale. Short-term growth predictions dominate the news cycle, but we often have no idea what this means or how it impacts our lives.

According to the President of the American Economic Association, Richard H. Thaler, this way of measuring the economy is fundamentally flawed.

In his 2015 book, Misbehaving, Thaler presents a new way of measuring economic activity that accounts for the fact that humans are fundamentally irrational.

Thaler's theory of 'behavioral economics' emphasises human fallibility and unpredictability, and shows how we can live by a new economic model that can respond to how we spend and save.