The Business Times
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Tim Harford

FT UNDERCOVER ECONOMIST

The demands of the Christmas season are so time-consuming and stressful that they leave neither space nor emotional energy for what really matters – the peaceful enjoyment of Christmas spirit and seasonal goodwill.

The economics of seasonal serenity

A 1984 study by sociologist Theodore Caplow found that many a wife was responsible for buying the gifts not only for her parents, siblings, nieces and nephews, but for those of her husband, too.

Santa Claus is still a woman

There is absolutely nothing odd or self-denying about relying on pen and paper as an organisational tool. 

Our devices work for Big Tech, not us

In an essay, the philosopher Alasdair MacIntyre describes two fishing crews to show the difference between profit-maximising and the pursuit of excellence.

Why is modern commerce corrosive?

GDP measures the productive output of the economy, and sometimes it does not measure it well.
PERSPECTIVE

Elon Musk is wrong about GDP

While wages have grown faster than inflation, the trend has been much less positive since 2019 than it was in the years before. Real median household incomes have fallen since 2019, and the poverty rate has risen.

High growth doesn’t tell the story of the US economy

A culture in which we learn from failure requires both an atmosphere in which people can speak out, and an analytical framework that can discern the difference between what works and what doesn’t.
THE BROAD VIEW

The art of making good mistakes

Telic or atelic? Churning through, ticking off the festive to-do list.
THE BROAD VIEW

Why you shouldn’t strive for the perfect Christmas

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