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Thinking about money – it’s a tough task
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Thinking about money – it’s a tough task

Top researcher Dan Ariely speaks to the Think Forward Initiative about opportunity costs and the pain of paying.

the ostrich effect
What is...

What is the ostrich effect?

There is an old myth that ostriches tend to bury their heads in the sand when they’re scared, pretending the hazard doesn’t exist if they can’t see...

23.8
percent is the contribution of the EU to the world’s GDP
Numbers

percent is the contribution of the EU to the world’s GDP

percent is the contribution of the EU to the world’s GDP. This is closely followed by the US (22.2%), China (13.4%) and Japan (5.9%) and together these four account for almost...

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