Category Behavioural Economics

In praise of Britain’s tax system

A thought occurred to me listening to the discussion of value added tax on Vox’s the Weeds podcast this week: how lucky I am that I have to spend so little time thinking about paying tax. I’m not poor or financially insecure enough to have to scrutinise each pay slip and watch the money into […]

Save the price tag!

Among the innumerable ways in which life has got better for those of us living in rich countries over the past 200 years, one of the most easily overlooked is the price tag. In the early 19th Century, almost every purchase involved a process of haggling – very few goods or services had set prices. […]