How Does a Nudge Win You a Nobel? by Adam Howard

The Rookie has loaded up on carbs, slept well, warmed up and is ready for game day!!  And all that nervous energy has got him thinking about our latest economics Nobel Laureate, Richard Thaler. the father of the nudge.  So, the big questions this time around are "What IS a nudge?" and "Why do we, as intelligent, rational human beings, need to be nudged at all?"  Or what about "Do we even know we are being nudged?"  Food for thought in this age of rampant and rugged individualism.  Makes you wonder if we maybe have an inflated opinion of our own intelligence and that maybe we still have a lot to learn about ourselves.  Just remember what that old boozer and writer Ernest Hemingway used to say, that "There is nothing noble in being superior to your fellow man.  True nobility is being superior to your former self." 

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How Can I Be More Productive? by Adam Howard

The Rookie has lodged all the forms, ticked all the boxes and passed all the tests and is launching his own venture.  Will anyone be interested in what he is selling?  Well, that's the big question.  Just like some of the big questions posed in this week's Update.  Like, why is productivity, or a lack thereof, such a hot topic right now?  And what does productivity even mean?  And is it labour or capital productivity that's holding us all back?  Probably most importantly, we ask whether we can actually see any real world examples of productivity enhancing ideas or inventions?  Big ticket items, which are important in our modern world of heavy workloads and high stress.  Even the 19th Century French Post-Impressionist painter Paul Gauguin understood this when he said "Stressing output is the key to productivity, while looking to increase activity can result in just the opposite."

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