Economics

Why Europe Is Adrift

There is a figure that, to my mind, captures Europe’s problem perfectly, and no, it is not about immigration, but rather something much more deep-rooted that is causing us to destroy ourselves.

The spread of an organisational model does not confirm its validity

The human mind, as we now know, is lazy and works through heuristics. Faced with a choice whose outcome is uncertain, we are inclined to take shortcuts