Information is rewarding a sense of uncertainty about the future generates a strong threat or alert response in your limbic system your brain detects something is wrong and your ability to . Photo thomas barwick digitalvision getty images in the current climate of uncertainty mainlining twitter while trying to forecast impossible economic and health scenarios is not going to lift you from the morass of anxiety nor is it particularly useful in fact its a constant reinforcement of negativity bias the hardwiring of our brains to seek out information that scares us. Money information and uncertainty bridges the gap between introductory textbooks and the latest journal articles clarifying the macroeconomic significance of a series of innovative developments in the economics of information and the analysis of financial markets and institutions goodhart brings out the key implications of ideas such as . Kolhatkars black edge inside information dirty money and the quest to bring down the most wanted man on wall street tells it depressingly well if black edge werent about . Significantly rewritten and updated this well known textbook covers the whole of monetary economics from the role of money to international monetary relationships it is unique in linking theoretical findings to policy issues and events and extends conventional analyses of financial intermediation and monetary theory money information and uncertainty bridges the gap between introductory
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