Solving the iced coffee conundrum

6 September 2024|

Coffee drinking is taking over the world. Even in the UK, the home of ‘afternoon tea’, coffee is now the most popular drink. That would make someone like me, who considers coffee an indulgence as much as a means to remain alert, happy. But I am not. Coffee can be served both in hot and cold variants, and in a world where temperatures are rising the latter are not pulling their weight. Far from it, new iced-coffee variants increasingly use

When to take a chill pill

30 August 2024|

We've all hit that afternoon slump, when the clock seems to slow down and every task feels like a mountain. It's in these moments that the idea of taking a break starts to sound not just appealing but necessary. As work environments change, especially with remote working, finding the right balance in how we take breaks can help prevent these slumps, and it is key to maintaining our health and momentum. But how should we take breaks effectively? Our attitudes,

Homo economicus strikes back

23 August 2024|

[As told to Erik Britton] It has come to my attention that some self-styled ‘economists’ are of the opinion that I am redundant. That I, Homo economicus, the embodiment of economic rationalism, have served my purpose, if indeed I was ever fit for that purpose. That positive economics, a branch of positive science which I personify, should be ditched, along with the assumption of rational behaviour on the part of the human species. Hard to imagine, I know; but if

Marchand, Marchand!

16 August 2024|

The streets of Paris appeared to be free from locals last week. That’s not necessarily unusual in August. The French are famous for enjoying Les Grandes Vacances with extended trips out of the city. But this year, there was the added factor of the Olympics: with concerns about expensive ticket prices, packed transport and even safety, around half of Parisians in one poll said they would leave the city as the famous flame arrived. However, as the competition got under

Patience may be a virtue, but it isn’t everything

9 August 2024|

I frequently moan about low levels of investment in the UK. It has become a bugbear of mine. Looking across the whole of the G7, the UK has had the lowest investment-to-GDP-ratio in 28 of the past 42 years. And on those odd occasions when it has not been bottom of the G7 investment league table, it has been close. I blogged about this subject as recently as February this year, when I contrasted my willingness to extend my mortgage

Value judgement

2 August 2024|

‘“When the rockets go up, who cares where they come down, That’s not my department,” said Wernher von Braun.’ [1] These lyrics from the US mathematician and satirist Tom Lehrer’s highly amusing song may not immediately get you thinking of economics, but there are similarities between the disinterested mental shrug given by Lehrer’s von Braun and the way economists ply their trade. Looking back to when I started my economics degree, one of the first things I remember learning was

And the winner of the best decade is…

26 July 2024|

The Fathom team is just back from our annual getaway, which we spent in Hinwick House – a stately home on the Northants/Bedfordshire border that offers a mish-mash of 18th-century architecture, antique memorabilia of various vintages, stuffed animals, expensive-looking silverware and vases, an in-tune grand piano, and a truly surprising number of bugles in all sizes. The décor suggests a storied past full of foxhunts, servants and white-tie dinners – think Bridgerton. Most of those stories are however buried in

Ms Market

19 July 2024|

It's not easy to write a coherent blog post in 39 degrees. The heat sends my mind wandering, jumping between the needs of physical hydration and vaporising ideas, resurfacing deeper reflections and vulnerabilities. One slightly contorted train of thought, however, keeps recurring. Summer has always been a period of socialisation, bringing anxiety about changing social circles and fitting in. Moving to the UK at 16 and later to Geneva turbo-charged these anxieties, forcing me to confront them head-on. These experiences,

‘Thinks and Drinks’ and the sunk cost fallacy

12 July 2024|

For those who aren’t familiar, at Thinks and Drinks Fathom invites friends and clients to join us at a bar to socialise and discuss issues shaping the economy. Towards the end, there were three of us left with an already opened bottle of wine, and we were faced with the decision of whether to go back home, or stay to “get our money’s worth”. The day after, I realised that I had probably been subject to the sunk cost fallacy,

A tribute to ‘the most sublime’

5 July 2024|

The invitation from my dear friend Arnaud — tireless partner during my Poland adventures — to his second residence in Corsica was too good to be rejected. Not only because I really needed a vacation after some turbulent weeks personally, but also due to the irresistible appeal of visiting a place that, although close geographically, was a total mystery to me. So, here I am to report the outcome of this extremely pleasant trip. Trust me: you are gonna like