Economics Everywhere | Issue 6

Posted 2:11pm Sunday 2nd April 2017 by Wee Doubt

Elliot Castro was a telemarketer who dreamed of better things. He told journalist Jon Ronson that he “always wanted to be better.” He discovered while working his loathed job cold-calling strangers that he could tell the person on the phone that their card had been referred to the credit Read more...

Economics Everywhere | Issue 5

Posted 2:05pm Sunday 26th March 2017 by Wee Doubt

Do you ever order what turns out to be way too much food at a restaurant, and then eat it all anyway to “get your money’s worth?” As well as greed, you’ve fallen victim to the sunk-cost fallacy. You paid good money for the meal, and you don’t want to “waste” Read more...

What if the University of Otago didn’t exist?

Posted 2:36pm Sunday 19th March 2017 by Danni Pintacasi

Dunedin. Population: 127,500. Number of university students: 20,000. It’s fair to say that students make up a sizable chunk of the Dunedin population. The University brings in young adults from near and far, and with them their money. Let’s face it; McDonalds wouldn’t nearly be as Read more...

Economics Everywhere | Issue 3

Posted 2:48pm Sunday 12th March 2017 by Danni Pintacasi

This is a controversial statement to make at a university. For a long time I saw education as a human right, something that should be universally accessible to all those seeking it. Sure, it might be a drag on the taxpayer, but investing in educating a population helps keeps the populous politicians Read more...

Economics Everywhere | Issue 2

Posted 1:56pm Sunday 5th March 2017 by Danni Pintacasi

There’s no such thing as a free lunch. However, the internet is an all you can eat buffet of free lunches, provided you can put up with the ads. Enter adblock stage left. Adblock creates the ultimate user experience; everything is free and all the intrusive pop-ups are gone. But eventually, Read more...

Economics Everywhere | Issue 1

Posted 1:32pm Sunday 26th February 2017 by Danni Pintacasi

Personally, I have never made it to the end of a single game of Monopoly, despite its subtitle being “The Fast-Dealing Property Trading Game.” The evolution of the boardgame is entrenched in irony. In the late 1800s, Elizabeth Magie developed a game that would later evolve into Read more...