Econopoly

Comparisons between today’s financial crisis and the 1930s are looking less strained by the day. So what better to lighten the tension than to revive everybody’s favourite Depression-era board game, Monopoly? Three reasons why Monopoly is the perfect symbol of the...

Can you help me to wake up earlier?

I struggle to wake up in the morning although I sleep, on average, seven and a half hours. As I do have a flexible timetable, I arrive at work at 10am. I would like to start at 9am, but my laziness makes it impossible. Do you have any advice? Ruth Dear Ruth, Your...

Why extortion is a hard game to master

In March 1959, a promising young Harvard economist delivered a lecture in Boston on “The Theory and Practice of Blackmail”, drawing on the then-young branch of economics and mathematics called “game theory”. Strictly speaking, his subject wasn’t just blackmail – the...

Wild Swimming

FT Magazine, 18 October 2008 In the car on the way to the Lake District, my friend Mark calls. He’s a doctor. I tell him that I’m planning on going for a leisurely swim in one of the lakes. “Be careful not to die,” he says helpfully....

Krugman wins Nobel for trade theory

The Financial Times, 14 October 2008 The Nobel economics prize was awarded yesterday to Paul Krugman, one of the great popularisers of economic ideas and a trenchant critic of the Bush administration. However, the prize was awarded for work done almost three decades...

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