Title: Rethinking Financial Behaviour: Rationality and Resistance in the Financialization of Everyday Life (Rethinking Work, Ageing and Retirement)
Publisher: Bristol University Press
Publication Date: 2024
Language: English
ISBN 10: 1529232252
ISBN 13: 9781529232257
Binding: Hardcover
Edition: 1st Edition
Condition: New

About this title

Synopsis

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.

About the Author

Ariane Agunsoye is Senior Lecturer in Economics at Goldsmiths, University of London.

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