I am interested in behavioral finance. May I know which schools and professors are recommended? What do I need to do if I want to apply for PHD now? I am currently a junior student from China and I am reading relevant literature. And I will be going to the University of Edinburgh for exchange next semester. It may be a bit vague, thank you for your reply.
Florida International University has a good PhD program. There are some professors pursuing behavioral finance
Imo, Yuhan Ni , it is reasonable to concentrate on the behavior of monetary systems, e.g. the interplay of private commercial banks vs. central bank policies in different countries, i.e. a comparative study.
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In his “Manifesto of the Communist Party” (1848), published together with Frederick Engels, Karl Marx calls for “measures” — by which he means “despotic inroads on the rights of property” –, which would be “unavoidable as a means of entirely revolutionising the mode of production,” that is, bringing about socialism-communism. Marx’s measure number five reads: “Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.” This is a rather perspicacious postulation, especially as at the time when Marx formulated it, precious metals — gold and silver in particular — served as money.
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Human society is an issue of the mind. Social co-operation must first be conceived, then willed, then realized in action. It is ideas that make history, not the “material productive forces”, those nebulous and mystical schemata of the materialist conception of history. If we could overcome the idea of Socialism, if humanity could be brought to recognize the social necessity of private ownership of the means of production, then Socialism would have to leave the stage. That is the only thing that counts.
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Conclusion: So those favoring a free society can only hope that something will get in the way of central bank Marxism. This is by no means impossible. Socialism-communism is not the inevitable destiny of social life and historical evolution, as Marxists would like to make us believe. What truly matters are ideas or theories, if you will, as ideas — whatever their specific content, wherever they come from, whether they are right or wrong — underlie and drive human action.
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Money does never behave neutral to the production and distribution process and cycle.
Dear student, Please go through the literature review on behavior finance. Wish you good luck
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