Category Archives: Economics

Give This Sheila A Shot

I never gave this sheila Gillian Tett (FT) a chance because I thought what am I going to learn about money and politics from a 57 yo sheila with a PhD in Anthropology but I was wrong. She’s great. She … Continue reading

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Why Most Things Fail: Evolution, Extinction and Economics (2007)

Paul Ormerod writes: * Despite enormous increases in the number of air travellers in the second half of the twentieth century, the combined profit made by airlines over the period 1955 – 2000 was less than the losses they incurred … Continue reading

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Optimally Irrational: The Good Reasons We Behave The Way We Do

Lionel Page wrote in this 2022 book: * the brain represents only 2% of an average adult body’s weight, but 20% of its consumed energy. * In a famous study, Schkade and Kahneman (1998) found that while people tend to … Continue reading

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Their Friendship Dissolved Over Monetarism

“Betrayal” is the hyperbolic term we often use when we find out that other people have different priorities from what we expected. The best book I’ve read on this topic is Betrayals: The Unpredictability of Human Relations by Gabriella Turnaturi: … Continue reading

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Behind The Staff Revolt At That Pro-Israel Cafe

I’ve noticed that when I start publicly advocating something, I rarely set off an inevitable chain reaction in furtherance of my stated goals. Instead, I usually force people to react to me, and just as often as not, they’re going … Continue reading

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