Monthly Archives: October 2016

CETA and the two conflicting ideas

Posted on October 28, 2016 by koenfucius

A great American writer hands us an instrument to combat pernicious cognitive biases Having spent nearly half my life living abroad, I have come to accept that my native country is small and not very significant. Sure, a few of … Continue reading →

Posted in Behavioural economics, Cognitive biases and fallacies, politics | Tagged , | Leave a comment

Wisdom or certainty?

Posted on October 21, 2016 by koenfucius

(featured image credit: PeterKraayvanger/pixabay) Both wisdom and certainty are valuable, but if you have one, you can’t have the other Whenever we decide to spend money on something, we are doing what economists call allocating a scarce resource one way rather … Continue reading →

Posted in Behavioural economics, Philosophy | Tagged , , | 1 Comment

Useful ‘Nobel’ Economics? You bet!

Posted on October 16, 2016 by koenfucius

(featured image credit: edar/pixabay) How a winner of the Economics ‘Nobel’ prize may help run organizations better They say the way to hell is paved with good intentions. Arguably, anyone intent on paving the way to hell might find more … Continue reading →

Posted in Behavioural economics, Economics, Management, Organization Development | Tagged , , , | 1 Comment

Theresa’s choice

Posted on October 10, 2016 by koenfucius

(featured image credit: Philippe Theriault/Flickr) The behavioural economics of choosing between hard and soft Brexit Making decisions is not always easy. One reason it is difficult is that trading off two possible choices often means we need to compare apples … Continue reading →

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