Tag Archives: System 1

More power to the imagination

(featured image credit: Motihada) In praise of an underrated and underused mental instrument in decision-making There is more to economics than the economy. Much of human interaction is a form of trading: we give something up, and we get something … Continue reading

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

Democracy’s feet of clay

Do people make good choices when they vote? *Can* they? How come most of us, most of the time, don’t do crazy things? We make hundreds of decisions every day – lots of small ones, and once in a while … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Morality, politics | Tagged , , | Leave a comment