Tag Archives: economic rent

Value, imagined

(featured image: credit: Ali Eminov CC BY) Is the value of stuff we buy, from grapefruit to airline seats, in the mind of the beholder? Magic doesn’t really exist, but in a way, economics comes close. Contrary to what common wisdom … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Emotions, Psychology | Tagged , | Leave a comment