Monthly Archives: February 2022

Inflationary ethics

(featured image: De’Nick’nise/Flickr CC BY NC ND 2.0) A remarkable tale of a zero-sum that is not a zero-sum illustrates how many of our choices have an ethical dimension we are unaware of Inflation is at eye-watering levels. An entire … Continue reading

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

All bad things must come to an end

(Featured image: Rachel Towne/Flickr CC BY 2.0) Sloppy decision making is confronting authorities with self-inflicted problems In the news this past week: top tennis player Novak Djokovic affirms that he will not get a COVID-19 vaccine, even if it means … Continue reading

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

Your money or your feelings

(featured image: Yvonne Larson/Flickr CC BY NC ND 2.0) How we privately feel (or expect to feel) influences our decisions more than we might realize, and we may even choose to make material sacrifices to avoid negative emotions Yesterday, I … Continue reading

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

Music, economics, ethics, and the dangers of myside bias

(featured image credit: Per Ole Hagen/Wikimedia CC BY-SA 1.0) The story of an old rocker pulling his music from a streaming platform ties together two key facets of our society, and warns us not to confuse preferences with general principles … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Ethics, Morality, Psychology | Leave a comment