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Tag: Daniel Kahneman

How The Simpsons Called an Economics Nobel Before Prediction Markets Existed

In a few weeks the Royal Swedish Academy of Sciences will name the 2026 Nobel laureate in economics, and the guessing is already under way.
A cartoon got there first. In a 2010 episode of The Simpsons, the ten-year-old Milhouse fills in a children’s Nobel betting pool and picks for economics an MIT professor, Bengt Holmström. Six years later Holmström won it.
The prophecy was really a forecast, and this is how The Simpsons does it.
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Why The Classic Car In The Garage Won’t Be Sold

An estimated $570 billion in classic cars will pass to heirs as part of the $90 trillion Great Wealth Transfer. Behavioural economics from Chicago Booth and 40 years of family business research from IMD Lausanne explain why so few will be sold, and what families can do about it.

Why Reading Still Matters for Business Leaders, Even When You’re Busy

Reading remains one of the most reliable ways to develop insight. Not because it feels efficient, but because it improves the one thing leadership depends on most, how people think. Here are seven reasons why reading retains such power for business professionals, and 3 tips how to make it work in your busy schedule.