As so often, the Sage of Omaha put it best: “Nothing sedates rationality like large doses of effortless money.” These days, it is hard to disagree. Warren Buffett’s warning now looks less like a mere aphorism and more like a sharp summary of the latest research in behavioral economics. Our stone-age brains just don’t seem to be able to cope with digital-age credit products…
An article written by Tim Harford on the 23rd March, 2009.
Public Event
"Ways with Words", Dartington Sunday 11 July, 11.30am
Edinburgh Book FestivalAugust 2010
Adam Smith Institute
London, 7 September, 6-8pm
Tim's Tweets
- @igorsales In May 2011 - thanks! 26th July, 2010 from webin reply to igorsales
- @jackofkent I am back again, your loyal follower! (Sorry: Bad Law only a passing interest so I dip in and out...) 26th July, 2010 from Shareaholicin reply to jackofkent
- Queen packs board games for her holiday cruise http://goo.gl/2hSC Good to see. 26th July, 2010 from Shareaholic
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- Dear Economist: I’m 13 and smart, but my family ignores me - http://goo.gl/YtE6 (last RT - I am off on hols. See you later!) 26th July, 2010 from Shareaholic


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