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Irrational markets?

Are the financial markets behaving rationally? Plus, the decline in happiness at work.

Are the financial markets behaving rationally? Lesley Curwen talks to one of the stars of the world of behavioural economics, Professor Dan Ariely who teaches at Duke University in the United States. He argues that the thinking behind the falls on stock markets is "not very deep" and suggests that even the computer algorithms directing some trades may actually amplify the effect of human emotions.

Plus Cary Cooper, Professor of Organisational Psychology and Health at Lancaster University explains the general decline in happiness at work since the credit crisis.

And our Kenyan commentator Wycliffe Muga looks at how some examples of foreign aid might make a huge difference to the lives of the poor in Africa's slums.

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18 minutes

Last on

Thu 11 Aug 2011 11:32GMT

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