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Monthly Archives: February 2021
Why rules should not be rulers
(featured image via Pixabay) When we treat rules, however well-intentioned, as unconditional imperatives. we may end up doing more harm than good When I was younger, so much younger than today, I joined the Institute of Advanced Motorists, a British … Continue reading
Posted in Behavioural economics, Cognitive biases and fallacies, Ethics, Philosophy, Psychology
Tagged decision making
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Everything is unfair
(featured image: EliasSch via Pixabay) Ethical concerns are an important factor in policymaking, and fairness often figures prominently in this respect. But are we really using it in the way we do? In last week’s post, I referred to the … Continue reading
Posted in Behavioural economics, Ethics, Philosophy, Psychology, Society
Tagged Fairness
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Is authenticity incompatible with capitalism?
In a recent blogpost, economist Brank Milanovic riffs on a theme from the end of his book, Capitalism, Alone. Capitalism facilitates (and arguably even requires) the progressive commercialization of activities and relationships that, before, happened as part of general social … Continue reading
Consonance is boring, dissonance is hard
(featured image: KylaBorg/Flickr CC BY) Is there a way to manage cognitive dissonance that doesn’t involve changing what we do or believe, or fooling ourselves? In music, two or more tones played together can sound pleasant, or unpleasant. The former … Continue reading
The meaning(lessness) of a number
Numbers can misinform as well as inform – even if they are correct, because they do not (and cannot) carry sometimes crucial context For many years, the product evaluations of consumer magazines like Which? in the UK, and countless equivalents … Continue reading
Posted in Behavioural economics, Cognitive biases and fallacies, Emotions, Psychology
Tagged saliency bias
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