Tag Archives: preferences

Restraint. Why and how it can save us.

Here are some bad things: Obesity Israelis and Palestinians beating the hell out of each other Goldman Sachs before the crash (and possibly after it) A fox going wild in a chicken run The chaps on Easter Island who cut … Continue reading

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Growth and belief economics

Following the previous post, there is a strong link between green growth and belief economics. Consider Gordon, the guy who has 10 quid in his pocket which he saved on energy bills because he put in insulation. What he does … Continue reading

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Belief and utility

If we are rational about our economic activities then each decision is the result of a cost-benefit analysis.  The details of the cost-benefit analysis depend (to a great extent) on the beliefs which we have. For example, if I am … Continue reading

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