PinnedKoen SmetsWe are all economistsMainstream and behavioural economics are two sides of the same coinJun 3, 20164Jun 3, 20164
Koen SmetsCan price controls beat the market?Economists have been insisting that price controls are bad economics forever. Are they (unconditionally) right?4d ago4d ago
Koen SmetsFreedom for saleWhether we do so voluntarily or not, whether we even realize it, we constantly trade our freedom. Do we buy and sell it at the right price?Aug 30Aug 30
Koen SmetsWhen winning is not the right thingRunning in second place at some distance in a cross country run, an athlete sees the front runner slowing down few paces from the finish…Aug 231Aug 231
Koen SmetsStrong, but weakly heldWhen we are convinced that we are right, it is tempting to crank up our determination, making us stray into the land of fallaciesAug 16Aug 16
Koen SmetsInsane choicesFor many Americans, the notion that anyone could vote for Donald Trump is beyond comprehension. For many other Americans, the notion that…Aug 91Aug 91
Koen SmetsOutrage and curiosityOutrage seems to rule the information waves. Might we be giving in too easily to that emotion? How might we turn it down a few notches?Aug 21Aug 21
Koen SmetsDamn you, Theory of Mind!Arguably one of humanity’s greatest powers is our ability to attribute states of mind to other people, and to understand that these may be…Jul 262Jul 262
Koen SmetsNo regrets?Regret is an important and constructive emotion in decision making, even for presidential candidates, but at the same time, we are quite…Jul 19Jul 19