Economic Fundas Episode 2 - Goa and the Income Tax Refund: Mental Accounting

In this engaging conversation, Vivek Kaul shares his amusing experience in Goa and explores the concept of mental accounting, explaining how it impacts our financial decisions and daily lives. Through his insights with Amit Varma, he highlights the common mistakes people make when managing money and the broader implications of this cognitive bias. The discussion offers a thought-provoking look at human behavior and decision-making.