Author Archive

Market Cycles – a behavioural perspective

The times they are a-changing. As one astute observer wrote recently to a newspaper, once upon a time, we shopped on the high street and recovered with a cup of coffee at home. Now we shop at

Rational economists?

An economist and his friend are walking down the street when the friend sees a ten dollar bill on the sidewalk. “Look,” he says, “it’s a ten dollar bill”. “Nonsense,” says the economist. “If that was a