Category Archives: why do people do what they do

Fracking … benefits and risks

Dramatic improvements in technique for extracting oil and gas from deep sandstone and shale rock seams is credited by some with a major recent reversal of fortune for the oil and gas industry in the US. The more ambitious claims … Continue reading

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Australia’s mining boom … opportunity missed

That Australia has seen an epic boom in mining over the last 10 years is undisputed. Notwithstanding the uncertainties hanging around in the world economy, big export earnings from mining look set to continue. What have we got to show … Continue reading

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Delusional dictator

Now here’s something completely different. If this doesn’t make you shake your head in disbelief I’ll be surprised. We’ve all heard about the Pentagon. Built during the Second World War, it is the largest public administration building in the world. … Continue reading

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Indians to Mars?

Today, India is launching a rocket to Mars. The Guardian newspaper has the story: The cyclone season is almost over, the planets are in alignment, the countdown has started. On Tuesday at 2.46pm local time, a rocket will blast off … Continue reading

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The optimism bias

Are we born to be optimistic, rather than realistic? It seems we are. Yesterday I cautioned about the optimism bias. So what is it? The optimism bias is the belief that the future will be better, much better, than the … Continue reading

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