Nattavudh Powdthavee

The ‘nudge’ agenda is at the forefront of contemporary economic debate for good reason, but it is not yet clear that it can be applied in straightforward way in all circumstances

Behavioural economists from LSE and elsewhere have recently examined the ‘nudge’ research agenda and its limits in a special journal issue. Here, Joan Costa-Font, David Just, Barbara Fasolo and Nick Powdthavee, argue that, although appealing and policy relevant, more research is required. Behavioural economics has passed the stage of having to convince other economists of its value. Today, it is a […]

Money makes people right-wing and inegalitarian

Rich people typically lean right politically. Are they motivated by deeply moral views or self-interest? Andrew J Oswald and Nick Powdthavee argue that money makes you right-wing. It shows that lottery winners in the UK are more likely to switch their allegiance from left to right. Why are you right-wing, left-wing, or in the middle? You probably believe that you made […]

The long reach of childhood bullying: Unemployment hurts, but it hurts more for individuals who had a persistent negative experience as a child

Does the fear of being bullied in childhood affect people’s resilience to adverse life events they may face in adulthood? Nattavudh Powdthavee investigates whether the ‘scarring’ effects are particularly damaging to individuals who lose their job. Research on the economics of happiness has shown that, on average, people of working age who are unemployed report significantly lower mental health and […]