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It’s the love child of economics and psychology – behavioural economics. It tries to explain people’s rational, or better irrational, behaviour when it comes to financial decision-making and consumption patterns. On Big Ideas, two experts outline the main lessons of behavioural economics and discuss the...
John Howard’s gun buyback scheme had more than one benefit Did the buyback save lives? As someone with a connection to two of Australia’s worst gun massacres, I’ve always been interested in finding out. But the public debate seemed frustratingly simplistic. Some anti-gun campaigners described...
A new study finds social status rippling across the centuries IF YOU WANT to know who made up Australia’s elite in the nineteenth century, a useful place to look is the Australian Dictionary of Biography. In its many volumes, you’ll find business leaders, scientists, media...