The point highlighted by Thaler is also something the
Reply I bailed from Apple. I got tired of the new IOS versions turning 3 year old iPhones into bricks. There is no doubt in my mind that Apple intentionally forces the older models to run painfully slowly to ENCOURAGE you to buy a new model. The point highlighted by Thaler is also something the government has highlighted repeatedly. That demonetization is likely to give a big fillip to Digital india and will hopefully lead to less tax evasion by bringing more in the system. Incidentally, Thaler colleague in University of Chicago, Booth school of Business and former RBI governor Raghuram Rajan had strongly come out against demonetization.
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