A pictorial and graphical illustration of the concept of utility as observed at the Camberwell Sunday Market.
The psychology of preferences: UNSW’s Gigi Foster delivers her second blog post on social trends that underlie demand, and how economies can be destabilised when these change.
In her ESSA debut, Anisha Kidd examines the blurred lines between economics and ethics.
Joey Moloney assesses a seemingly odd claim that is not short on credibility.
In his ESSA debut, Daniel Tan explains why time is the ultimate resource, and visits seemingly outlandish concepts such as time elasticity, a changing supply of lifetime, and time travel.
By mapping out the mechanics of a classic story using game theory, David Huang examines the idea of reputation, its importance and associated strategies.
Ever wondered how efficiently you type? Cordelia Foo examines the origins of the QWERTY keyboard and how it came to be the universal standard.
Matthew Rao examines the flaws in new conservative economic thinking. Can new conservatives reconcile their defence of strong communities with their commitment to economic rationalism?
In their ESSA debut, Dan Clayton-Chubb and John Davis (two medical students and soon to be doctors) commence an exploration into one of history’s greatest thinkers.
March’s infographic looks at the employment disadvantage facing Aboriginal and Torres Strait Islander Australians.
Why ending the Fed could be one of the best decisions America ever makes.
Olivia Robins uses game theory to explain how one small Belgian café’s costs have been changed by globalisation.
“You don’t get nuthin for nuthin.” Professor Stephen King discusses the illusion and the reality of cross-subsidies, and who really bears the costs of the postal service, the gas reservation scheme and the NBN.
The free access to film and television is slowly becoming the social norm. Annie Cao uncovers the game-changing effects of internet piracy that have changed the landscape of the industry.
In his ESSA debut, Brody Viney counts Australia’s lucky stars as other nations remain fraught with fiscal uncertainty.
With many exciting technologies well on their way, Robert Greco singles out the driverless car and canvasses the economic benefits the economy could expect from its arrival.
Cynthia Huang examines the link between technology and economics. Can gadgets enhance human rationality?
Why would you raise the minimum wage? Chandan Hegde weighs in on the economic dilemma playing out in the U.S.
Marco Madzzar analyses the US post-GFC and explains the concerning trends of growing income inequality that the US faces.
Yannis Goutzamanis examines the dangers of the unregulated use of self-managed super funds, and how it could undermine the entire public policy rationale behind superannuation.