Category Archives: Society

(Behavioural) economics through sunglasses

(featured image credit: Jennifer Stahn BY/CC) When you’ve embraced economic thinking, even a summer break from work doesn’t stop you from seeing how profoundly us humans truly are economic beings This summer I have once again been wearing my trusted economics … Continue reading

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Bending your mind

(featured image credit: Emilio Garcia CC BY) Our beliefs are not always as solid and stable as we tend to, well, believe they are…. Our view of the world is shaped significantly by our beliefs. We believe that this, that … Continue reading

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How to stop acting as if more is better

(featured image credit: drinks machine CC BY) Quality matters, we often say, but when we’re not paying attention, quantity tends to sneak in and get the upper hand Imagine that £2 buys you one of two options: either a nice … Continue reading

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Good processes and bad outcomes

(featured image credit: credit: Kurt Komoda) Even good processes can lead to tragedies – we should not let hindsight bias make us believe otherwise When you think about it, your personal life is actually quite complex. You’re faced with a huge … Continue reading

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Springonomics

(featured image credit: Aaron Brown) Economics, economics everywhere, even more so as spring has sprung We may not be quite like the mythical homo economicus, but every year when spring arrives in the Northern hemisphere, along with the return of … 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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Honest meat at a low price for everyone?

(featured image credit: Ann1992) Every benefit has a cost, and this is often borne by those who are least able to bear it Recently my native country was mired in yet another food related scandal. Meat had been repackaged and relabelled … Continue reading

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