Understanding Economics: What is economics?
Most people think economics is about money. It isn’t. Economics is about how society organises itself to meet people’s needs and help everyone thrive. In Read the full article...
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Most people think economics is about money. It isn’t. Economics is about how society organises itself to meet people’s needs and help everyone thrive. In Read the full article...
This is the first in a series of infographics which will continue with: Microecnomics Macroeconomics Political economy The household analogy And more. How to expand Read the full a...
Most people think economics is about money. It isn't. Economics begins with something much more fundamental: resources. Every society has limited resources and must decide Read the...
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...
Most economists assume the answer is obvious. They say the purpose of the economy is growth, and they measure success using GDP. But what if Read the full article...
What is macroeconomics, and what does it tell us about how an economy really works? In this episode of Understanding Economics, I explain why macroeconomics Read the full article.....
As a proportion of the literature, research about econometric theory, monetary policy and corporate governance has slumped. Meanwhile, papers on development, crime and gender are o...
In a recent post, I discussed what is in philosophy termed 'the hard problem'. I did so in the context of recent discussion on ADHD. Read the full article...
What is microeconomics really about? Conventional economics usually puts markets at the centre of the answer. It assumes that individuals make rational choices and that Read the fu...
This is the second in a series of infographics. The first, on economics, has been published. The series will continue with: Macroeconomics Political economy The Read the full artic...
I had the pleasure of being a guest on Professor Radhika Desai’s Geopolitical Economy podcast for a discussion earlier this week. The discussion was based on open-minded Read the f...
The hidden economics of international spending
That is the title of a recent book by Beatrice Magistro. Some key results are: Economic knowledge consistently predicts higher support for welfare-enhancing policies (Eurozone mem...
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...
TorontoRealtyBlog Inflation, unemployment, interest rates, GDP, housing starts - get your fill today, folks! Let's look at the major economic indicators in Canada and see how they'...
This infographic supports this morning's video: How to expand this image If you press CTRL or Command and Plus (+) on your keyboard, your browser Read the full article...
This is the third in this series of infographics on the basics of economics. The first, on economics, has been published, as has that on microeconomics. Read the full article...
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