Pebbles, Vol. 6, Econ Edition

1. How to improve your life using the concept of opportunity costs

2. "Even for those with strong incentives to correct for biases, knowing about and believing in biases has influenced their decisions little, and not obviously to their benefit. This suggests that we focus not on trying to correct our personal biases but instead on identifying and promoting institutions, such as prediction markets, to reduce biases."

3. Which produces more wealth - free markets or command-and-control economies? A one-pic answer. (Pointer)

4. Political scientists have won it, psychologists have won it - it's about time the first few economics Nobels go to sociologists, and my money is on these people. Of course, the backlash has already begun, but we shall overcome! Viva la Revolución!