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paradigms
Trickle-Down
The idea that wealth from the rich eventually benefits everyone.
Behavioral Economics
People make irrational financial decisions based on biases.
Prospect Theory
People fear losses more than they value equivalent gains.
Hyper-Consumption
Modern economies thrive on continuous consumer spending.
Degrowth
Advocates reducing consumption for sustainability and well-being.
Hedonic Adaptation
People return to a stable happiness level despite life changes.
Maslow’s Hierarchy
Human motivation follows a pyramid from basic to self-actualization needs.
Self-Determination
Autonomy, competence, and relatedness drive human motivation.