Derren Brown, whom some might know from his Netflix series or live shows, is also an author of excellent books on the human mind and its limitations: what economics first Nobel laureate Herbert Simon called bounded rationality and makes us “suckers, idiots”, to evaluate things and make decisions. Example: 1) there is a fatal disease … Continue reading TRICKS OF THE MIND: HOW A 99% ACCURATE TEST CAN BE (+ THAN) 99% WRONG
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The Polish success (since it joined the EU fifteen years ago), can be summarized in the four numbers of its convergence towards the GDP per capita average of: 1) – The other nine countries which joined the EU in 2004: + 14%; 2) – The EU-28: + 22%; 3) – The EU-15: + 23%; and … Continue reading Poland: the great economic success in Europe
The published book by Bob Woodward (one of Watergate’s journalists), regardless of his general interest, has some high moments. First: On 7/10/2016 the Washington Post released a recording in which Trump made derogatory comments about women about their sexual advances. The next day Trump’s “inner circle” met. Priebus announced that all donors were leaving the … Continue reading Article by Professor Jorge Sá: FEAR (TRUMP IN THE WHITE HOUSE)
A little philosophy, said Bacon, inclines man to atheism; but depth in philosophy leads him to God. The same is true in economics. A little economics leads you to paradoxical conclusions and measures where the amendment is worse than the sonnet. Too much economics drives a man to common sense. And what is common sense? … Continue reading Article by Professor Jorge Sá: The two forgetfulness of Economics
This book begins with the story of four people speaking at the corner of a street: an American, a Russian, a Chinese, and an Israeli. A journalist approaches and asks: “Sorry … what is your opinion about the lack of meat?”. The American says: what is “missing”? Russian: what is “meat”? the Chinese: what is … Continue reading Article by Professor Jorge Sá: The start-up nation
America is the 13th richest country in the world. But a society with serious problems. The first is violence. In a country where in many states it is relatively easy to acquire weapons of war (not just self-defense), crime statistics are much higher than in other OECD countries. Being (per thousand inhabitants) in homicides, house … Continue reading Article by Professor Jorge Sá: Decline of the USA?
Poland’s National Day was celebrated on May 3rd, commemorating the promulgation in 1791 of the first European constitution establishing a monarchy of democratic roots. Shortly thereafter Poland began its ordeal of successive sharing between the powerful Russian neighbors (later Soviet Union), Prussia (followed by Germany) and the Austro-Hungarian empire (until World War I). Polish resilience … Continue reading Article by Professor Jorge Sá on Poland
In poor countries what % of girls finish primary school? 20%, 40% or 60%? What % of babies in the world under one year received a type of vaccine? 20%, 50% or 80%? Today there are 2 billion children. According to the UN by 2100 the number will double, will it be 3 billion or … Continue reading Article by Professor Jorge Sá on his conference “Our world, our ignorance”
Jorge Sá gave a conference on the 14th of June at Enterprise Ireland in Dublin to top managers of major Irish companies who are looking to begin or expand their exports to Iberia. Professor Sá’s conference was about the market overview, opportunities and business culture and in the afternoon he had one-to-one meetings with the Irish companies. The audience was … Continue reading Conference at Enterprise Ireland in Dublin
Jorge Sá gave a workshop to the top managers of Vodafone on the topic: “Nobels Thaler and Kahneman of behavioral economics: the revolution in digital marketing” The workshop focused on: The application of behavioral economics to the various areas of business management, marketing and digital marketing Concrete examples of the telecommunications sector After the workshop, … Continue reading Workshop at Vodafone by Jorge Sá