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What is the biggest motivating factor in your life? Do you find that negative consequences or positive rewards are more effective when helping you make choices? Can you remember a period in American history (prior to 2020), in which there were significant economic consequences to individuals? Today, Americans, and individuals throughout the global economy have found fear as a motivating factor to help them make decisions about what to do with money they have invested in the stock market. What global event (in the first few months of 2020) has caused individuals to fear the risk of investing their money in the stock market? Take a look at the “Cartoons for the Classroom: Is fear the worst viral epidemic?” What do you see in the cartoon (by Dave Whamond) in the upper left hand part of the page? What do you think is happening? What do you wonder?
How may this cartoon show what is happening in the American or global marketplace? Behavioral Economist Daniel Kahneman provides a quote for the Between the Lines, in which he states: "The world in our heads is not a precise replica of reality. Our expectations . . . are distorted by the prevalence and emotional intensity of the messages to which we are exposed."
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January 2022
CategoriesAuthorDeborah Kozdras, Ph.D. |