The Psychological Economy and The Trump Effect

Is Trump a wizard at behavioral economics or psychological mastermind?
The Psychological Economy and The Trump Effect
President Donald Trump on April 15, 2019 in Burnsville, Minnesota. Adam Bettcher/Getty Images
James Gorrie
Updated:
If you’re wondering where the economy is headed, you’re not alone. There are enough data, indicators and economists’ opinions to argue either way. But behavioral economist Robert Shiller thinks Trump’s free-spending ways and motivational speaker style of leadership may be leading factors. He has even predicted that, due to the “Trump Effect,” the next recession may be “years away.”

Is Shiller right?

James Gorrie
James Gorrie
Author
James R. Gorrie is the author of “The China Crisis” (Wiley, 2013) and writes on his blog, TheBananaRepublican.com. He is based in Southern California.
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