Rethinking Financial Behaviour
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Rethinking Financial Behaviour

Rationality and Resistance in the Financialization of Everyday Life

Pension policy in the UK and US is designed on the assumption that people make informed financial decisions, consistently invest in pensions and manage diverse portfolios. Deviating from this is often deemed irresponsible and irrational. However, this assumption overlooks uncontrollable factors like caring duties, employment breaks or income limitations. Even when individuals act as expected, unpredictable market shifts can hinder long-term planning.

This book redefines deviations to “rational behaviour” as logical responses to a dysfunctional system. Challenging existing theoretical discussions and policy approaches, it proposes a fresh perspective on rationality when it comes to financial practices and policy.

Détails du livre

Éditeur
Bristol University Press
Publication year
2024
Collection
Rethinking Work, Ageing and Retirement
Langue
English
ISBN
9781529232257
LAN
ca47e8f5a7c5

Formats

Hardcover ePub PDF