Tag: Economics
Economics In Personal Decision Making
Understanding the Importance of Studying Economics Studying economics is often emphasized for two main reasons in textbooks and…
Slavery, Compensation, and the Limits of Economics
A Thought-Provoking Exploration of "What Ifs" in American History Recently, a virtual reading group delved into hypothetical scenarios…
A Nobel Prize in Economics for the ‘Inclusive’ Free Market
The Nobel Memorial Prize in Economic Sciences was recently awarded to three distinguished economists by The Royal Swedish…
Henderson on the Latest Nobel Prize in Economics
A Nobel Prize in Economics for the ‘Inclusive’ Free Market Every year on Columbus Day, I eagerly await…
A Societal Nobel Prize in Economics
In a recent announcement by the Royal Swedish Academy of Sciences, the 2024 Nobel Prize in Economics was…
Bad Economics in Fiction, Star Trek edition
The Flawed Economics of Star Trek's Ferengi Rules of Acquisition When it comes to using fiction to convey…
Real-Life Economics: Rational or Complex?
Doyne Farmer’s recent conversation with EconTalk’s Russ Roberts has sparked discussions about the current state of economics and…
Joy in Economics… and Tolstoy?
He is unable to feel true remorse for his actions, seeing them as simply the result of biological…
Chaos and Complexity Economics (with J. Doyne Farmer)
Doyne Farmer, a physicist and expert in complexity economics, has been making waves in the field of economics…