Daily Archives: 2010 March 17

Why People Get Stuck #33: Anchoring Valuations

A tweet from @JaneHadfield mentioned a recent post by Cynicus Economicus, who asks “So what exactly is this optimism [about the economy] all about?” His answers are interesting, and reminded me about something I wanted to talk about here regarding jobs and the idea of anchoring. He notes that there is very little to really be happy about. Yet people are talking as if things are turning around and the risk is behind us. What’s going on? Continue reading

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