Category Archives: Society

Facts don’t matter

(credit: Amusing Planet) …what matters is how much you care about them. It has not been a good month for statues. True, statues have been torn down before: you may remember the images of the Iraqi ruler Saddam Hussein’s statue … Continue reading

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An accidental behavioural economist in lockdown – Part I: Flipping wisdom

(featured image credit: Karel Julien Cole/Flickr CC BY) Economics everywhere, and not an economist in sight There is something about milestones. I was reminded of this fact by a post last weekend on Martin Carty’s blog. The milestone of its … Continue reading

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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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Similar, but very different

(credit: 272447 /Pixabay) We sometimes treat similar risks very differently, and that affects how we make decisions Fear of flying is not likely to be something bothering many people any time soon. The latest IATA figures show that, after a … 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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Rule(r)s of our decisions

Rules may help us make better choices, but they can also restrict our freedom. That makes for complex situations In these tense coronavirus times, job losses are, sadly, not big news in general. When it concerns the Chief Medical Officer … Continue reading

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Embrace your ignorance

(featured image: Robert Couse-Baker CC BY) It is OK not to know stuff for certain, especially when things are uncertain Once upon a time, there was a cat. It was a hypothetical cat, owned and imagined by Erwin Schrödinger, a … Continue reading

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Gambling with the undead

(featured image credit: Dov Harrington CC BY) In these surreal times, it is good to acknowledge the gambles we and others make I am a gambler. The UK is in a near-lockdown state, and yesterday I needed to go to … Continue reading

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Like shifting sands

(featured image credit: Weekend wayfarers CC BY) Our preferences are neither fixed, nor absolute – and that is a good thing, in times of crisis Some people prefer fried tomatoes to steamed broccoli, while for others it is the opposite. … Continue reading

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