Marriage and business partnerships are similar for many reasons, good and bad. They can provide you with emotional and financial support, complement your talents and allow you to achieve more than you can on your own. The not-so-good similarities? Decisions are made on the basis of emotion, couples are blindly...
Human irrationality is a common topic in my articles. One reason is that I am an economist and we love irrationality! More importantly though, people are particularly foolish when it comes to money. A particularly dangerous human quirk is something called ‘discounting the future’. Simply, we value the present moment...