Economics

Youtube and Time

We are all largely familiar with two things in this information and digital content filled world: Time and YouTube. There are lots of other platforms and web content providers, but none as accessible and universally rated as YouTube. So what does YouTube and your time have in common? Well, it turns out that your time […]

The sunk cost fallacy and utility in religion.

Religious people are religious and some are extremely religious, to the point of dangerous fanaticism. They are religious because they have been convinced of the Utility of the religion. The concept of utility is one from economics; a subject that has taken my fancy of late. Religious people gain from religion something that satisfies a […]