Big data

Big data

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“Mugged by reality”: COVID choices that are hard to make

Economics is called the dismal science in part because it is about hard choices — situations where we can't have our cake and eat it too. Last year it seemed as if COVID wasn't one of them. Keeping the virus at bay gave Australia one of the world's lowest death tolls and one of i ...  Show more

Richard Thaler on "Nudging" the pandemic, climate change and retirement saving

Professor Richard Thaler has spent his career investigating how people really behave – how we save for retirement, what we choose to eat, how we use energy. Through understanding the many reasons for human misjudgement, such as being too optimistic, or facing too many choices, Ri ...  Show more

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