Monthly Archives: March 2023

Everyday ethics

Posted on March 31, 2023 by koenfucius

featured image: Antonio Trogu/Flickr CC BY NC ND 2.0 Military commanders, law and policy makers, medical staff and judges, they can all expect to face tough ethical challenges. But it is not because our actions, as ordinary folk, are often … Continue reading →

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

Accentuate the negative

Posted on March 24, 2023 by koenfucius

(featured image: Vu Tran/Flickr CC BY NC 2.0) (Not a recommendation, but an observation.) We often tend to focus on what is bad, and neglect what is good, and that leads to bad arguments, bad decisions and bad policy making. … Continue reading →

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

Quirky decisions

Posted on March 17, 2023 by koenfucius

(featured image via 1001 Cocktails) We are not necessarily quite as irrational as is sometimes argued, but that does not make us as rational as we might like to think we are.   Many years ago, when we were on … Continue reading →

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

Tainted good

Posted on March 10, 2023 by koenfucius

(featured image via DALL·E) Making someone else better off without making any other person worse off, that can only be a good thing, right? Well, not quite, it seems. Was Robin Hood, the English folk hero, the noble bandit who … Continue reading →

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

Wages, benchmarks and markets

Posted on March 3, 2023 by koenfucius

(Featured image: qimono/Pixabay) The dispute about nurses’ salaries in the UK highlights the peculiar way in which we make judgements, and how one ignores market dynamics at one’s peril, even in the labour market This week’s nurses’ strike in the … Continue reading →

Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Ethics, Organization Development | Tagged , | Leave a comment