Two Words That Could Shape the Politics of the Trade War: Loss Aversion

By NEIL IRWIN
NYT
The pain of a loss tends to be greater than the enjoyment of a win. That has big implications for trade, and also helps explain the politics of health care and taxes.
Published date: July 13, 2018 at 12:00PM
The New York Times
New York Times article

Two Words That Could Shape the Politics of the Trade War: Loss Aversion

By NEIL IRWIN
NYT
The pain of a loss tends to be greater than the enjoyment of a win. That has big implications for trade, and also helps explain the politics of health care and taxes.
Published date: July 13, 2018 at 12:00PM
The New York Times
New York Times article