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What if one of the biggest problems with conventional economics is that it misunderstands human beings? Mainstream economic theory frequently starts from the assumption that Read t...
In this latest video in my Understanding Economics series, I look at an idea economics has been missing for the last forty years, and it Read the full article...
Why people make longshot bets. The post Betting on Hope appeared first on A Wealth of Common Sense. ...
Whether this is the best of economies, the worst of economies, or something in between, you can bet that for the next month-plus we'll be told it's the worst.
Experience has shown that state aid alone is insufficient to tackle the country’s demographic slide.
A former president of Estonia on the growing tide of global protest—and how today’s leaders can win back ordinary people.
What? How can I be optimistic when so many are doing it tough?
Exclusive: Isabella Weber prescribes a common-sense solution to poverty, inequality and fascism – making life’s essentials affordable for allThe trouble with economists, Isabella W...
Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record highBusiness live – latest updatesPri...
I expect that many economists who might happen to read what follows would say that I present a caricature of the discipline. That may be so, or partly so, but unfortunately it’s a...
The American vice-president, among others, is no great fan of global trade. He has criticized Margaret Thatcher, Milton Friedman, and the Wall Street Journal editorial board, sugge...
Poverty is not a fact of nature. It is a political choice. The UK considers a person to be living in poverty when their income Read the full article...
Don’t you think economics should serve people rather than power? If not, why do we study economics, teach economics and practice economics? There is something strange about the rel...
@#!* optimism, Peter Martin. To quote Pablo Casals “The situation is hopeless; we must take the next step.”. We have two choices: do something or do nothing. Hope and optimi...
Blessings Mashaya and Brandon Josphat THE country’s stabilising economy will soon translate into measurable gains for all Zimbabweans, the minister of Finance Mthuli Ncube has sai...
From the early 1980s until the Covid-19 pandemic hit in 2020, the world economy enjoyed unusually good conditions. The Cold War ended, defence budgets shrank, and hundreds of milli...
First American's Odeta Kushi points to life events, pent-up demand and gradual price rebalancing
Last time, we considered whether Bob really is always exercising free choice in the (fictitious) Free Market.™ Today, we consider Bob's situation when he does have choices and has...
Imagine the UK with a 20-year investment plan, with green homes and fast transport. We already have the tools to make it happenYou’ve just left school. What’s your future?I know a...
Dr. Nikki Finlay's WOW! WOMEN ON WRITING TOUR OF The Economy Always Gets Better: Navigating Turbulent Times with ConfidenceAbout the Book:For those of us who forgot what we learned...
Can Andy Burhnam’s vision of economic recovery in the hinterlands keep the UK together?
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