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.
Most of the choices that shape a life were never chosen at all.
The cost is obvious, the benefit is diffuse, and so the benefit loses.
Automatic enrolment is the revolution's great success. It is also its only one.
The story we tell afterwards is tidier than the choice we made at the time.
A cheap, gentle, evidence-based way to make people better off. What could go wrong?
The mind is built for a different world. It copes remarkably well with this one.
Before we try to fix people, it is worth understanding what they are for.
What feels like a preference is often just a default nobody questioned.
Economists have a model. The rest of us have a Tuesday.
Most advice assumes a person who never existed.
The evidence is clear, the incentives are not, and the incentives usually win.