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Osborne Proven A Rse

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Chris Dillow doing his behavioral tricks:

This pattern fits in with George Osborne's rising approval ratings. Living standards are still squeezed, but less so than a few months ago. Pain has thus given way to discomfort, which means the peak-end rule makes austerity feel good.

Although this rule describes our retrospective assessment of pain, it is irrational in two ways ...

The final paragraph clinches (clenches?) it.


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