Category Archives: Morality

A new life or an old life?

(featured image credits: Jenny Mealing CC BY and Dr KontogianniIVF) One of the fundamentals of economics is also a fundamental of life. It involves cake and eating. Most people know pretty well what actions are needed to make babies. But … Continue reading

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Technicalities and voluntary morals

(credit: Elliot Brown CC BY) Is what is technically right also morally right? Maybe I should have studied law instead of engineering. One day when I was eight, my best friend and I were chatting in class when we shouldn’t, … Continue reading

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In whose interest?

(featured image credit: gaelx CC BY) The relationship between charitable giving and nudging is an uneasy one Charitable giving is a challenging phenomenon for neoclassical economics. What homo economicus, what rational, self-interested, utility maximizing would willingly give money away? It could … Continue reading

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How effective is your altruism?

(featured image credit: Yukiko Matsuoka CC/BY) We cannot escape profound, inevitable trade-offs when it comes to how we use our resources – including when we give them away.  Next time you pay for your groceries at the supermarket, have a look … Continue reading

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No uncertain terms

We are all suckers for certainty Earlier this month, it was announced that Paul Dacre, the editor of the Daily Mail since 1992, would step down in November of 2018. The Mail is the second best selling newspaper in the … Continue reading

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The point of tipping

(credit: Lea Latumahina BY CC) An old and persistent custom offers rich insight in our profound economic nature I have to start with an embarrassing confession. On my very first business trip to the US, having arrived on a Saturday evening, … Continue reading

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Rules vs instincts

(featured image credit: Gary J. Wood) Economic and social forces condition our behaviour in traffic – and not always for the best “Get out of my way!” If you’re a driver, this phrase has probably crossed your lips (and if not … Continue reading

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