Category: Economics In Real Life

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The inefficiency of too much information

Fake news and real news and - OMG, is that an algorithm?

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Authoritarianism, and we’ll do as we’re told

And about two thirds of us will torture someone to death if we're instructed to.

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The Black Friday Myth

Are sales actually sales though?

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Why do CEOs make so much money?

Unintended consequences

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A Moderate Manifesto

"Here’s a list of topical highlights: social media, inequality, China, sparrows, modern medicine, the Wealth of Nations, Pope Francis, water shortages, and the path to freedom."

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The Wedding Gift Crisis

How much is enough?

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A Great Famine of Dead Sparrows

The law of unintended consequences.

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Why Buy Art

Some economic thoughts about Art Fairs. And buzz. And bubbles in the sparkling wine.

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How NOT To Bid In An Online Auction

And why they're not the same as live auctions. Also, some game theory.

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