In this Punk Economics from David McWilliams, we animated, filmed and edited his ideas on the irrationality of a lot of the financial decisions we make. The starting point for the animation is McWilliams’ own text:
“At its root, most economics – and economists – start with the fundamental assumption that people are rational, and thus will make logical choices. This would be wonderful, but it’s not true. If there’s one thing we can take from this current crisis – and all the ones before, it’s this: irrationality is everywhere.”
The video features two great tracks from Galway band It Was All A Bit Black & White.