Category Archives: Morality

Good drama = good economics

Drama is truly compelling when it exposes the raw, painful trade-offs its characters face When the term economics is used in relation to drama, what springs to mind is the financing and the box office takings of a film, or … Continue reading

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Democracy’s feet of clay

Do people make good choices when they vote? *Can* they? How come most of us, most of the time, don’t do crazy things? We make hundreds of decisions every day – lots of small ones, and once in a while … Continue reading

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Inescapable philosophy?

(featured image credit: Thor Edvardsen) Do we need philosophy to fully understand and explain our behaviour? (I am going to make a quick assumption here about your honesty.) How come you never engage in something like shoplifting? Surely doing so is … Continue reading

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Social norms and sexual misconduct

(featured image credit: geralt) If how we behave is motivated and moderated by what is socially desirable and acceptable, how can this be squared with the unending stream of allegations of inappropriate behaviour? Social norms influence how we make choices. … Continue reading

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Selling your soul

(featured image: wikimedia) The trade-offs we don’t want to make (but believe others should) Not much is known with any certainty about Johann Georg Faust. Wikipedia describes him as an alchemist, astrologer and magician, who was born in either 1466 … Continue reading

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Pricing under pressure

(featured image credit: Alex W) Should morality, rather than the market, dictate the right price of goods and services in emergency situations? In his book Misbehaving, behavioural economist Richard Thaler relates an interesting experiment he conducted with Daniel Kahneman and Jack … Continue reading

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Shaping our reality

(Featured image credit: Free-Photos) Is there an objective reality, and are we capable of observing it? On the day after Donald Trump officially became the US president, the then White House press secretary stated the crowd “was the largest audience ever … Continue reading

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