The paradox of choice...

Given the choice, people like to keep their options open. When researchers asked people whether they preferred to take home a poster they had to keep or take home one that could be exchanged later on, most people chose the latter. But it was people who made irrevocable choices early on who ended up happier with their posters.

[Harvard psychologist Daniel] Gilbert said the finding prompted him to go home and propose to the woman he had been living with: "I always thought love causes marriage, but my data said marriage causes love," he said. "When you lock yourself in something you cannot get out of, you will find ways to be happier. . . . I do love my wife more than I loved my girlfriend, and they are the same person."

- From the Washington Post

The oddities of the state church and the sporatic attenders

There's always something odd going on around Christmas-time. You get folks like Richard Dawkins singing Christmas carols. Now in Germany you get the debate over who should be able to get in the building for Christmas services. Admittedly in Germany, the churches appear to be funded through state taxation, which changes things a bit, but the whole plan below seems rather crazy:

With churches expected to be packed this Christmas Eve, German officials are calling for pews to be reserved for church members to ensure they are not squeezed out by holiday-only parishioners. Politicians from the conservative Christian Democratic Union (CDU) and the liberal Free Democrats (FDP) told Tuesday's daily Bild newspaper it was unfair if regular attendants of church services couldn't find a seat at Christmas. "I support making services on December 24 open only to those who pay their church tax," a member of the CDU board in the south-western state of Baden-Württemberg, Thomas Volk, told the mass-market daily. Germans pay church tax along with their income tax unless they opt out.

The head of the FDP's parliamentary group in Berlin, Martin Lindner, said it was intolerable that in the past, active members of church congregations - often the elderly - had been forced to stand through the Christmas service because the pews were full. "Church tax payers should not be kept outside during such important services," he said. "Church members should be given tickets, for example, to give them priority seating."

- In The Local

(Of course, to show up in church but only on Christmas and Easter only also seems a little bit odd).

How eager should banks be to lend money?

How do people, whether it's a politician or a business or a Canadian, think banks should conduct their business in this current time? On the one hand, every politician in the country was waving around the World Economic Forum finding that we have the most stable, sound banking system in the world. Well, why did we? Because the banking sector didn't take crazy risks.

- Don Drummond, chief economist at Toronto-Dominion Bank (cited in the National Post)

Interestingly the article that this came from has to do with the Canadian government trying to force the banks to lend out more money.

A quote to remember

"I've abandoned free-market principles to save the free-market system"

- George W. Bush

(source)

... and his plan is working so "well"

Pages

Subscribe to Rotundus.com RSS