Behavioral Economics: How Positive Thinking is Changing Economics – Economics

Everyone is talking about the crisis, everyone believes it will get much worse. But, is this really the truth? Why business is above all psychology and how the negative whirlpool can be broken through.

essay by

Harold Freiberger

At the age of 47, Wilhelm Leitner decided that enough was enough. That he worried enough about his own job. The worries didn’t make his work any better, and they tainted his life. After all, he still had his job for 20 years. Leitner thought to himself: “Actually, all the worries I had were superfluous.” He imagined that this would continue for another 20 years. At the age of 67, he would have worried unnecessarily for 40 years.

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