Category Archives: Emotions

Unthinkable

Be careful when you label a possibility ahead of you as unimaginable: your imagination may well be tested to destruction Have you ever attempted to log on to a website you rarely use, only to find that the password you … Continue reading

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The wisdom of the process

(featured image credit: Sarah Slade CC BY) We are often tempted to act impulsively, even though it is not in our interest. Good processes can help us avoid giving in to short-term temptations One of my oldest memories is learning … Continue reading

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Find your inner economist

(featured image credit: Ulleo) To make good choices, we have to be able to compare apples and pears Perhaps the most fundamental error that people make when discussing, or thinking about, economics is the belief that, confronted with two or … Continue reading

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Unwitting mental time accountants

(featured image credit: alles/pixabay) Are we better at making good use of our time than at making good use of our money? What is an hour worth to you? If you are in work, a reasonable approximation would be your … Continue reading

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A more care-less year

Can caring be a bad thing? Caring is a strong motive for quite a big chunk of our behaviour. If we care about something (or somebody), it means we are willing to put energy into it, effort, time and cost. … Continue reading

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Why are we giving gifts?

(Featured image credit: Peter Dutton CC BY) Lifting the veil over a mysterious custom This is the time of the year when it is obligatory for any piece with even the vaguest reference to Christmas, gifts, or economics to mention … Continue reading

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More power to the imagination

(featured image credit: Motihada) In praise of an underrated and underused mental instrument in decision-making There is more to economics than the economy. Much of human interaction is a form of trading: we give something up, and we get something … Continue reading

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