Why optimistic people are more likely to be duped

In the first six months of 2015 Australians were fleeced of $45 million. The loss raises questions about how you avoid being scammed and the secret could be to get grumpy.
Sad subjects are better judges of deception than happy ones, according to a University of New South Wales study cited by 100-plus sources.

Read at the Age.

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Book review: Saving the Market from Capitalism, by Massimo Amato and Luca Fantacci

Despite its liquid nature the fiscal system is set in its ways – and it needs to change, say Italian economists Massimo Amato and Luca Fantacci, who address some problems buoyed by liquidity. Read at the South China Morning Post.


Book review: Capital: The Eruption of Delhi, by Rana Dasgupta

Welcome to Delhi, the Indian capital with a population of 16 million. In his third book, Commonwealth prize-winning observer Rana Dasgupta uses the mega-city as a vehicle for examining a key trend: the growth of the global elite.

Read at the South China Morning Post..


Jingling pockets could bring on a headache

Money, money, money – how much do you dwell on the stuff? Excessive desire for money robs people of their humanity, according to the famously frugal Pope, who recently suspended a ”bling bishop” for alleged lavish spending.

Read at the Sydney Morning Herald..


Where there’s a will there’s potential for acrimony

Like wedding fights, inheritance spats have a sordid, nightmare quality. A low-rent tussle over the loot can take a terrible toll on family ties.

Read at the Sydney Morning Herald..