A scene of a ruined building in Gaza
(featured image: Marius Arnesen/Flickr CC BY NC 2.0)

Economic thinking in the real world

Economic thinking can help a lot with everyday decision making, but some choices are beyond its capability. Or are they?

Koen Smets
6 min readNov 10, 2023

--

Many of the decisions we make — from the trivial to the hellishly complicated — can be reduced to one of two types. One corresponds with the question whether a particular choice is a sensible one or…

--

--

Koen Smets

Accidental behavioural economist in search of wisdom. Uses insights from (behavioural) economics in organization development. On Twitter as @koenfucius