At EE2025 @jamesking asked what Kahneman and Tversky got right. Using two-sentence stories is one thing. So here's a two-sentence EE story. We asked quantitatively trained economists to complete a gambling task. When we gave them time to think about it, they did worse.
James King @[email protected]
1.9K posts
James King @[email protected]
@jamesking
Founder of @sciencepractice and co-founder of @ctrl_group.



Dumb economics question: Is there any sense of economic "waste heat?" At a micro level, everybody knows businesses can be more or less efficient at turning money into more money. But at the macro level, it seems like GDP is just GDP regardless of how it's spent?




Very sorry to say our game has been postponed by the officials due to his concerns over player safety. 😡 Apologies from us.
Data on underrepresentation is well-evidenced in STEM. We want to help fix that ⤵️🧵[1/5]



When I’m Prime Minister, we will set up GB Energy within the first year of a Labour government. A new, publicly-owned generation company that will harness the power of Britain’s sun, wind, and waves to cut energy bills, making Britain a clean energy independent superpower.









