A set of old fashioned scales with a clock on one side and piles of money on the other
(Featured image: Mona Tootoonchinia via Pixabay)

When time is not money

Time is money, it is often said, but that doesn’t mean “no time” is equivalent to “no money”

Koen Smets
6 min readApr 23, 2021

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We are social beings, but we are also economists: we interact with others in various social relationships, and at the same time these relationships sometimes make material demands on our scarce resources, notably money and time. These can be sizeable (a friend can invite…

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Koen Smets

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