Michael Blastland
speaker
745 appearances
4 recordings
1 series
first heard Mar 2011
last heard Aug 2011
Michael Blastland’s voice in public audio — every appearance, attributed to the second.
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Appearances
That's right.
Animal spirits flowing through a bucket.
Is this what drives us and the system?
All this psychology.
Must we think of economics, economics of all things, as touchy-feely?
Where what matters is soft, like confidence or trust and perhaps beyond calculation.
I decided to seek help from the economist John Kay over that fine British institution, a pint at the pub.
Only to discover another whole set of influences over my economic behaviour, of which I'm barely aware.
Our economic behaviour is embedded in so many social institutions and conventions that we just take for granted.
We don't understand how they're part of our economic life.
First of all, we were able to walk in here without charge.
Right, then we went to the bar and we ordered a pint of beer.
Or we ordered a glass of beer.
But what we were actually paying for was the beer, not the glass.
I mean, fortunately, there was a table, but I'm not quite sure what right we have to sit here.
Again, we didn't pay for it.
Well, it appears in this pub we can sit at the table without paying any extra.
Now, if we were in Italy...
There would be one price for having something at the bar and another price for sitting down at a table.
Although there are rules, again.
Showing 201–220 of 745 · page 11 of 38
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