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The strongest initiative that government can take to ensure Australia is prepared for population ageing, is to maintain a strong economy, and a secure nation. ↗
Put simply, behavioural economics argues that human beings' decision-taking is guided by the evolutionary baggage which we bring with us to the present day. Evolution has made us rational to a point, but not perfectly so. It has given us emotions, for example, which programme us to override our rational brain and act more instinctively. ↗
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Every summer my husband and I pack our suitcases, load our kids into the car, and drive from tense, crowded New York City to my family's cottage in Maine. It's on an island, with stretches of sea and sandy beaches, rocky coasts, and pine trees. We barbecue, swim, lie around, and try to do nothing. ↗
