<em>"Historically, it has been proven that the wright brothers spent all their money on building and testing their airplane. Although it was a genius idea, their attempt wasn't very successful. The Wright Brothers then lost all their wealth, and could not afford to buy paint..."</em>
Quoted from "Hogwash History"
Behavioral economics assumes that humans may not act rationally because of genetics, learned behavior, and rules of thumb.
Behavioral economics is basically the study of psychology as it relates to economics.
<span>After the wall surrounding Jerusalem was rebuilt, the people worshiped the Lord. And according to Nehemiah 9, Levites lead the people in a confession that recalled God's faithfulness and mercy towards them in the past. They looked back on how God had always saved them despite them committing evil deeds. </span>