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It would have been easier to have a male protagonist, but I didn't want people to assume that Nikki Hill was me in her entirety because a lot of people just don't like me and I don't think they would be interested in reading about me, even in the fictional context. ↗
For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures. ↗
Personally, I don't see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption. ↗
