Monthly Archives: February 2019

The trouble with tax

(featured image credit: Archives of Ontario CC BY) Taxation affects the economy, because it affects our behaviour. Is that impossible to avoid? Taxes are generally considered to be an inevitability, as the words of Benjamin Franklin, written in 1789, remind … Continue reading

Posted in Behavioural economics, Economics, Ethics, Psychology, Society | Tagged | Leave a comment

The price of attachment

(featured image credit: Les Chatfield CC BY) Value is in the eye of the holder, even more than in the eye of the beholder Something terrible happened to me last weekend. Well, that is what it felt like, anyway. My … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Psychology, Society | Tagged , | Leave a comment

Blinkers and intuitions

(featured image credit: MabelAmber) Our intuition may inadvertently fit us with blinkers If you live in the UK as an expatriate and have a name like mine, you stand out. Yes, you have to learn to live with a wide … Continue reading

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

How economics can help us understand people better

When we think that the behaviour of others is baffling or if it seems utterly wrong to us, economics can help us take a different perspective You may not realize it, but every time you are placing your purchases on … Continue reading

Posted in Behavioural economics, Economics, Psychology | Tagged | Leave a comment