An “economic good” is something people want that is scarce.
Plenty of things are not traditional “economic goods.” Love, ideas, and this article, are three examples. 370 more words
After the 2008 financial crisis, many major economies were driven into a recession. Mitigating the effects of a recession and its duration is vital to ensure that revival happens sooner rather than later. 487 more words
John Maynard Keynes is one of the greatest economists of all times. While he is mostly known for his highly influential economic theories, little is known about his market experience, often understated, but which provides a unique contribution to the future practice of investment management… 414 more words
Know thy enemy, as the saying goes. Or, similarly, to avoid the kind of criticism that Christopher Hitchens used to readily employ against people ignorant of his vantage (“You give me the awful impression, I hate to have to say it, of someone who hasn’t read any of the arguments against your position ever”), I sometimes read… 220 more words
Sylvia Nasar’s Grand Pursuit traces the history of economic thinkers from Marx to the modern era. I say “thinkers” because Nasar present a series of historical and psychological sketches of those that generated the ideas that most profoundly influence modern public debate about the management of economies. 906 more words