#228 - What's behind our good deeds?
Today's episode from 9th June 2022. The wide number of organisations implicated by the huge sanctions on Russia mean a greater opportunity for deceit. In response, anonymous tipsters are helping to detect sanctions cheaters. We take a look at how this "whole society" approach is working. Later, Tim Harford shares an economist's point of view on the concept of giving after strangers donated large sums to a hospice that helped his dying father. Given the opportunities for deceit, the deck might seem stacked in favour of those seeking to evade sanctions. But, as The Economist reveals, investigators are trying to detect sanctions cheaters are encountering a surge of help from an unexpected business sector. Humans are supposedly innately selfish, only acting to further their specific interests. However, after his father's death, the Undercover Economist posted on Twitter asking for donations to the hospice that cared for his parents in their final stages and was surprised to discover the opposite. In The Financial Times, he examines the spectrum of theories behind good deeds, including the warm glow effect, to try and determine why. Wake up with Curio is a different kind of morning show that gives you the context behind the news and gets you motivated for the day ahead, every Monday - Friday.
From Wake Up with Curio