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Tag Archives: Time
Why we must keep memories alive
(featured image: aitoff/Pixabay) Time is money, it is often said, but it is also distance. By bridging these distances, we can make better life decisions In one of the most memorable scenes from the sitcom Father Ted, the main character … Continue reading
Posted in Behavioural economics, Emotions, Psychology, Society
Tagged decision making, History, Time
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Giving time
(featured image credit Chris Zúniga CC BY) When it comes to what we can do for others, time is the thing. By the late 1930s, De Beers, which at the time controlled well over half of the global production of … Continue reading
The essence of time
(image: studio curve and Butch Dallsay CC BY) We are familiar with the concept of value for money, but are we as good at assessing ‘value for time’? You’re going on a short break tomorrow. You still need to pack … Continue reading
Posted in Behavioural economics, Cognitive biases and fallacies, Economics, politics
Tagged deadlines, Time
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How much time is money?
(featured image credit: Joel Charbonnet CC BY) Many decisions we make concern time or money. Both are scarce resources, but the relationship between them can be unexpected My first summer job was as an attendant in a petrol station … Continue reading
Posted in Behavioural economics, Economics, Psychology
Tagged Charitable giving, Money, Time, Traffic
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Unwitting mental time accountants
(featured image credit: alles/pixabay) Are we better at making good use of our time than at making good use of our money? What is an hour worth to you? If you are in work, a reasonable approximation would be your … Continue reading
Posted in Behavioural economics, Economics, Emotions, Psychology
Tagged decision making, Time, trade-offs
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