Ian's list

Top picks from the web on money and your life, from ING economist Ian Bright – July 3, 2017

Save and win

Save and win

Do lottery savings schemes encourage people to put money away? This article describes how US store Walmart is luring “unbanked” Americans into planning for their futures with a $25 prize. The $25 has more appeal than the promise of $100 in interest earned over several years, as explained by the hyperbolic discounting theory. 

Productivity prowess

Productivity prowess

Boost  your productivity by asking yourself two questions, as Psychology Today explains. If you simply stop to consider exactly “when” and “where” you will work on a goal before getting started, you are much more likely to succeed, writes business consultant Al Pittampalli. 

Robotic recruitment

Robotic recruitment

How would you feel if a robot decided whether you’d get a job? Chemicals giant Unilever has used artificial intelligence to screen all entry-level employees, according to Business Insider. The move has apparently been a big success - improving cost-efficiency and increasing the diversity of the workforce.

Ian Bright
Ian Bright

Senior economist at ING
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