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Re: [Pen-l] Behavioral economics
- To: "Progressive Economics" <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] Behavioral economics
- From: "Jim Devine" <jdevine03@xxxxxxxxx>
- Date: Wed, 3 Dec 2008 13:30:28 -0800
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Max Sawicky wrote:
> Hasn't the simple 30-year fixed been available all along?
>
> As long as people are susceptible [to] marketing, they will go for the crooked mortgages. And people ain't gonna read Consumer
Reports.<
yes it has been, but it needs to be publicized, complete with a seal
of approval. To some extent the current crisis will do this publicity,
but as memories fade...
--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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