The future of North American lobster exports to the European Union was threatened when 32 “surly” reddish green lobsters were found in Scandinavian waters.
Because “I Voted” stickers indicate voting is a social norm, like paying taxes or saving electricity, people are more likely to act like their neighbors.
Guilty of probability neglect, we should listen to Warren Buffett’s advice on investing and use cost/benefit analysis whenever emotions overwhelm logic.
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
