Long reads on how we actually think, decide and live.
Essays, data and ideas on economics, rationality and why we do what we do.
No spam. Just thoughtful ideas.
Generosity looks irrational on a spreadsheet. Over a lifetime it is the best trade most of us ever make.
A ticket is not a bet on winning. It is a small, weekly permission to imagine.
Economists have a model. The rest of us have a Tuesday.
Enough is a decision, not a quantity, and almost nobody makes it on purpose.
Before we try to fix people, it is worth understanding what they are for.
The mind is built for a different world. It copes remarkably well with this one.
The number in the account and the feeling of security are only loosely related.
The cost is obvious, the benefit is diffuse, and so the benefit loses.
Most advice assumes a person who never existed.
A small decision, repeated daily, is a life. Nobody designs it that way.