Expectations are one of the most important factors in macroeconomics. When central banks make decisions like increasing the interest rate or starting a QE program, …
Great Expectations: A tale of Economics and self-improvement
The Economic Life
Creative Destruction within yourself
Every economist knows (or should know *insert disapproval face here*) the meaning of those two words: creative destruction, a very interesting concept first coined by …
Behavioural economics was right: The Sunk Cost Fallacy
Behavioural economics is the branch of economics that studies the effects of our emotions, cultural influences and many other things ultimately related to our psyche …
Understanding Risk for better decision making: creating our own Sharpe Ratios
Decisions are something we have to be aware of and make every single day of our lives. Whether they are small, seemingly unimportant decisions like …
Work less, work Economic!
Have you ever wondered why your shifts look like they’re never going to end? Why your boss wants you to stay for a full 8 …
Who is The Economic Man?
As you may have noticed, the title of this website is “The Economic Man”, and its purpose is to help everyone become the best version …
The Pareto Principle: Why you shouldn’t focus on everything
I am sure you have heard the words “Pareto Principle” or “80/20 rule” at least once in your life. They are everywhere: productivity, business, how-to-do-more-this-year-100%-real …