Every single individual in the world, including you and I, have a grievance or a problem at any given moment in time. When you and I go to sleep tonight in our own beds, you'll be thinking about a problem that's affecting you and I'll be thinking about a problem that's affecting me.

I have never seen a good case for protectionism, but I can see a case for slowing down trade integration because it can be highly disruptive to domestic firms, markets and people's income in the short-run.

Backlash is sadly an intrinsic part of social progress. When oppressed people make their claim for justice, they trigger a response – a fightback by those who want to maintain the status-quo.

The arrival fallacy is this notion, this psychological trick we play on ourselves, where we repeatedly convince ourselves that happiness, contentment, and fulfilment lie just beyond whatever mountaintop we've set as our ultimate goal. You hit that target you've built up as the finish line, and sure, you get a fleeting rush of dopamine-fuelled euphoria—only to find yourself quickly eyeing a new, distant summit.

The reality is we live in a very dynamic world that's full of risks and all we should really care about are risk drivers – both financial and non-financial. Alternatives may provide us with ways of hedging out or managing future risks better.