Category Archives: Psychology

Economics for other people

(credit: Lenny DiFranza CC BY/Flickr) Two core economics concepts are crucial to our decisions, and even more so if they affect others than just ourselves Late last Sunday, May 31st, my wife’s friend Linda got a surprise from the UK … Continue reading

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The consequences of loyalty

When rules and consequences clash, we had better weigh up carefully what matters most When a pandemic is wreaking havoc, and many hundreds of people are killed by a virus every day, it is important that the population as a … Continue reading

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Is that a lot, or is that a little?

(credit: duncan c/Flickr CC BY) The answer to the question is often far from clear-cut, and we may be easily misled – by others and by ourselves Imagine you have ended up in a foreign country that you have never … Continue reading

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Prices without markets

(featured image credit: Corinne Brown/Flickr CC BY) Do prices reflect value – and if they don’t, should they? Cynics, Oscar Wilde said, know the price of everything, and the value of nothing. That’s as may be, but do you know … Continue reading

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What (we think) others think about us

(featured image credit: Nathan Rupert CC BY) Our concern about the way we believe others see us is not necessarily all that helpful “Does my bum look big in this?” Lovers of British comedy may recall this catchphrase from The … Continue reading

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The prediction battle

(featured image credit: Alfred Derks/Pixabay) The future has rarely been more uncertain than at present, and when we try to predict what will happen, we are subject to conflicting angles that battle it out It is difficult to make predictions, … Continue reading

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Powerful thought

(featured image: Martin Cleary CC BY) Economics can help us understand our choices and behaviour even better if it looks inside our heads Isn’t language wonderful? Particularly when you’re learning a language different from your mother tongue and you come … Continue reading

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