Monkeys can teach us a lot about economics. Emotionally, their brains are very similar to ours. As fellow mammals, monkeys and humans both develop strong emotions that set us apart from the rest of the animal kingdom -- emotions that govern our lives, our society, and our economy.
In the early 1990s, a team of psychologists set out to determine how a mother's attentiveness affects her children as they grow up. They took two groups of monkeys and placed them in two different environments. In the first environment, the mother always had access to food. She didn't have to spend ...
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