11 9 / 2012
Everybody talks about food and gas prices when they’re rising. Think of gas prices in the past few weeks, and earlier this year. But, somehow, we don’t hear so much about gas prices falling, as they did for much of the spring.
“People focus on bad news more than they focus on good news,” Paul J. Healy, an Ohio State University economist who has studied how people perceive inflation, told me. “When prices go up, they notice it. When prices go down, they don’t care.”"
What if we switched to a society that sought out good news more than bad?