Praise of sloths
Lazy, even slothful, investors make more money over time, notes Undercover Economist Tim Harford. He says active traders and others who watch the markets daily typically fear share price falls and losses more. This tempts them to sell their investments even though markets may gain, not lose, over longer time frames.
Work for certain
Studies suggest many would take a paycut as large as 12-23% to get a more stable working schedule, as this article explains. Employers should offer more predictable hours, it argues, not only because variable earnings make it hard for staff to feel in control of their bills but because people are typically averse to uncertainty.
Robin Hood tales
If English folk hero Robin Hood really took from the rich to give to the poor he would have been very unusual, research suggests. In an opportunity to redistribute wealth, most individuals chose to transfer only about 12% of funds available, and were divided over how to respond whether they were richer than other people or poorer.