WS More or Less: Foreign Aid: Who’s the most ...

If you had a choice between instantly receiving £50,000 or a 50% chance to win £1m, which would you pick?When YouGov asked exactly that question to people in the UK, 73% said they would take the £50,000, while 21% opted for the 50/50 chance of winning £1m.As you may or may not ha ...  Show more

What is the error in the calculation Donald Trump used to work out his new tariffs? What happened when the government ordered a recount of bobbies on the beat?When is a tax freeze not a tax freeze? And do redheads really have a 25% higher tolerance to pain? Tim Harford investigat ...  Show more

Does foreign aid work, or does it merely trap countries in poverty? Each year, billions are spent, yet 692 million people still live in extreme poverty. From success stories like South Korea to struggles in Sub-Saharan Africa, we explore why aid often fails to stimulate economic ...  Show more

How much generosity is too much? Would you pay for your friend’s lunch every week? Or risk falling behind on bills to pay for a Christmas gift? And what does it take to ask strangers to be generous with you? We tend to think of generosity as a good thing, but it can also get… com ...  Show more

What is foreign aid? What are the different types of aid? Why do countries give or loan money to other countries? And why is this such a controversial thing? Today, we are going to discuss all these questions and think in depth about aid (as well as learning some new vocabulary). ...  Show more

Is the idea of being generous compatible with the tough world of business?