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

The truth about lies

28 June 2024|

Have you ever told a friend you loved their new haircut when, in reality, you didn't? Or perhaps you've excused yourself from a social event by claiming you had a prior commitment? Let’s face it, we all tell the occasional fib. Lying, it seems, is an integral part of human interaction: in fact, research suggests we tell one or two lies on average a day. While some lies are harmless, others can have significant consequences, particularly in the realm of

DIY obsession

21 June 2024|

It is exactly a year since we were handed the keys to our first house, and my main memory of the last twelve months is the do-it-yourself spree that ensued. I must confess that I was never much of a DIY type, and sometimes I miss the days of renting when worrying about something that needed fixing ended with a quick phone call to the landlord. But last June I mortgaged my life for a heap of bricks and mortar,

Shoot down the middle

14 June 2024|

Penalty shootouts have haunted English football fans for years. Since 1990, England have been involved in nine shootouts across the European Championship and World Cup competitions and won only two of them: a dismal record for what is supposed to be a premier footballing nation. An estimated 31 million people in the UK tuned in to watch England play Italy in the Euros final of 2021, only for the team’s journey to be ended by the all-too-familiar nemesis. So with

How to defeat your in-laws

7 June 2024|

I’ve been told I can be very competitive. Having grown up with three siblings, I wouldn’t disagree. Last weekend however I more than met my match while playing a board game with my future in-laws. While I managed to clinch a victory, it was a little too close for comfort. So here I am, unashamedly using my slot for this week’s blog as an excuse to figure out the best strategy for the inevitable rematch. The board game in question

Independence play revisited

31 May 2024|

Back in 2016, my inaugural Thank Fathom It’s Friday covered an upcoming election. In a year of shock results, the piece focused on countries where political results were set in stone. Using South Africa’s African National Congress (ANC) as an example, it looked at the enduring political success of parties that led their country to independence. At that point, the ANC had been in power for 22 years. Looking at the experience of other ‘freedom’ parties, I reckoned they had