“When we respond to attributes such as brightness, loudness, or temperature, the past and present context of experience defines an adaptation level, or reference point, and stimuli are perceived in relation to this reference point.” (Kahneman and Tversky, 1979)

Welcome to the Reference Point, the blog run by the Economics Society at the Stockholm School of Economics. This blog was born to create a new, open space where the ideas of students could easily be shared. Our articles stretch from opinions and points of view on current events, like global and European politics, to more closely economic discussions: data-based commentaries, development and aid related topics, and some insights on history of economic thought. Currently, a series on the linkages between the cultural and sociological traits of an economy and its political and economic features is being published, bringing examples and stories from around the world.