- Economics is, at root, the study of incentives: how people get what they want, or need, especially when other people want or need the same thing.
--Steven D. Levitt and Stephen J. Dubner
- The purpose of studying economics is...to learn how to avoid being deceived by economists.
- If you'd lose a troublesome visitor, lend him money.
- It is the common error of Socialists to overlook the natural indolence of mankind; their tendency to be passive, to be the slaves of habit, to persist indefinitely in a course once chosen.
--John Stuart Mill
- Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.
David Coates argues that to win again the US centre-left must build broad class alliances that include the white poor.
A look at new data that confirms that liberals tend to be keener on health related nudges than conservatives.
How an online experiment confirms Kahneman and Tversky's findings on the framing effect.
Jeremy Stangroom looks at the curious case of the nudge that attracted the ire of the British police.
Donald Hirsch cautions against recklessness in the move to a "real living wage" policy.
Dan Hough on cultures of corruption, and how rule changes, in and of themselves, are not enough.