Dr Cahal Moran is a behavioural economist who is interested in understanding the impact that behavioural heuristics and biases have on our decisions in the real world. In practice, this means looking at household datasets to try and tease out the various nuances and asymmetries created by the quirks of our behaviour. Cahal is especially interested in the economic effects of these behavioural quirks, such as their consequences for earnings and savings. For example, his PhD thesis measured the causes and consequences of reference points for household behaviour with the aim of contributing to the field literature on prospect theory. One of Cahal’s papers looks at asymmetries in savings behaviour and whether or not these can be attributed to loss aversion.

Since his PhD, Cahal has expanded his research to look at the impact of different biases on the behaviour of different groups. For example, he is currently working on a project which investigates the impact of choice overload on charitable giving among committed philanthropists, and preliminary results suggest that more choice actually encourages donations, which is contrary to choice overload. Joint work with Dr Ganga Shreedhar from PBS shows that the UK Government’s much-vaunted High Speed Rail 2 policy likely resulted from overly optimistic cost-benefit analysis.

Cahal is also a passionate advocate of economic pluralism and has long been a member of the student-led campaign Rethinking Economics. His book The Econocracy summarises their argument for pluralism and the importance of economic ideas in contemporary society. Cahal’s latest book, Why We’re Getting Poorer, analyses and explains issues such as inequality and cost of living crisis from a pluralist perspective. Finally, Cahal’s YouTube channel Unlearning Economics provides similar commentary on things that interest him.

Organized by Patricia Marcella Evite and Nathaniel Noya of the YSI East Asia Working Group.

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Fritz Schumacher and multilateral clearing
Presenter: Oleksandr Valchyshen | Discussant: Adrien Faudot

About this talk:
This talk was part of the 6th Annual --Money View Symposium, hosted by YSI on 27-28 February, 2026. The Symposium showcased the work of scholars and practitioners that make use of the money view, ranging from economists to lawyers, politicians and social scientists at large.

Thought this was interesting? Get involved with YSI!
YSI is an initiative of the Institute for New Economic Thinking

Website: https://heske.wisdmlabs.net
Twitter: https://twitter.com/ysi_commons​​
Linkedin: https://www.linkedin.com/company/young-scholars-initiative/

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Bilancio: An Instrument-Level Balance-Sheet Simulator for Monetary Economics
Aleksandar Stojanovic

The effect of the interbank network structure on contagion and
common shocks
Co-Pierre Georg

Financial instability transition under heterogeneous investments and portfolio diversification
Preben Forer

About this talk:
This talk was part of the 6th Annual --Money View Symposium, hosted by YSI on 27-28 February, 2026. The Symposium showcased the work of scholars and practitioners that make use of the money view, ranging from economists to lawyers, politicians and social scientists at large.

Thought this was interesting? Get involved with YSI!
YSI is an initiative of the Institute for New Economic Thinking

Website: https://heske.wisdmlabs.net
Twitter: https://twitter.com/ysi_commons​​
Linkedin: https://www.linkedin.com/company/young-scholars-initiative/

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Underwriting Great Transformations: Political Interests, Economic Ideas, and the Political Economy of Credit Regime Change
Presenter: Dustin Fergusson-Vaux | Discussant: Olan McEvoy

Regional Payment Agreements in Latin America
Presenter: Marcelo Bruchanski | Discussant: Nicolas Aguila

About this talk:
This talk was part of the 6th Annual --Money View Symposium, hosted by YSI on 27-28 February, 2026. The Symposium showcased the work of scholars and practitioners that make use of the money view, ranging from economists to lawyers, politicians and social scientists at large.

Thought this was interesting? Get involved with YSI!
YSI is an initiative of the Institute for New Economic Thinking

Website: https://heske.wisdmlabs.net
Twitter: https://twitter.com/ysi_commons​​
Linkedin: https://www.linkedin.com/company/young-scholars-initiative/

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A Silent Revolution in the Suburbs. Off-Balance-Sheet Fiscal Agencies in U.S. Mortgage Finance
Presenter: Olan McEvoy | Discussant: Simon Schairer

From Stabilisation to Strategic Mobilisation. The Exchange Equalisation Account as a Wartime Off-Balance-Sheet Fiscal Agency, 1932-1945
Presenter: Andrei Guter-Sandu | Discussant: Lara Merling

Après le Déluge. Managing Balance Sheet Contraction after the First World War
Presenter: Verena Gradinger | Discussant: Sam Hummel

About OBFA-TRANSFORM
The transition to a net-zero carbon emission economy is the defining challenge of our age. In spite of a wide range of technical solutions available to drive this transition, one aspect remains unclear: where should the money come from to pay for it? The OBFA-TRANSFORM project is a six-year research project funded, by Deutsche Forschungsgemeinschaft and based at the Global Climate Forum in Berlin. It studies the political economy of large-scale transformations through the lens of off-balance-sheet fiscal agencies in wars, reconstruction, and the Green Transition.

About this talk:
This talk was part of the 6th Annual --Money View Symposium, hosted by YSI on 27-28 February, 2026. The Symposium showcased the work of scholars and practitioners that make use of the money view, ranging from economists to lawyers, politicians and social scientists at large.

Thought this was interesting? Get involved with YSI!
YSI is an initiative of the Institute for New Economic Thinking

Website: https://heske.wisdmlabs.net
Twitter: https://twitter.com/ysi_commons​​
Linkedin: https://www.linkedin.com/company/young-scholars-initiative/

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Money Beyond Exchange: A Synthesis
Presenter: Alex Howlett | Discussant: Chris Rimmer

What is a dollar?
Presenter: Chris Rimmer | Discussant: Alfredo Hernandez Sanchez

Bitcoin as Money: Mythos, Logos, and Value
Presenter: Alfredo Hernandez Sanchez | Discussant: Alex Howlett

About this talk:
This talk was part of the 6th Annual --Money View Symposium, hosted by YSI on 27-28 February, 2026. The Symposium showcased the work of scholars and practitioners that make use of the money view, ranging from economists to lawyers, politicians and social scientists at large.

Thought this was interesting? Get involved with YSI!
YSI is an initiative of the Institute for New Economic Thinking

Website: https://heske.wisdmlabs.net
Twitter: https://twitter.com/ysi_commons​​
Linkedin: https://www.linkedin.com/company/young-scholars-initiative/

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