Economic History
Dostoevsky to those who want to change the world: Part 2 of 2
How do a Russian fiction writer’s works relate to economic theory? And does it really matter? Sao Yang Hew explains.
Dostoevsky to those who want to change the world: Part 1 of 2
Can we really change the world? Can we really build a heavenly utopia on Earth? Sao Yang Hew uses the perspective of a Russian author’s psychological literature to answer these questions.
Give Us This Day Our Daily Growth
Sarah Fung discusses how religion has influenced and shaped our current economic system.
The boom and the bust
Modern economists have consistently failed to predict and explain the business cycle. Mitchell Harvey argues that an old idea, long rejected by the mainstream economics profession, may be worth reconsidering.
(Mis)Behaviour: Economics and the academy’s great image problem
Sam Triantafillopoulos breaks down the disconnect between academic and real-world economics and suggests how we can bridge that gap.
Are things getting better?
How do twenty-first century problems stack up when viewed through a historical lens? Nick Henderson considers whether 200 years of context can change our perceptions.
America, land of liberty? Part I: The New Deal and the Four Freedoms
In this three-part series, Yaz Naji traces how the idea of freedom in the United States has shaped its economic policy from the Great Depression to modern times. Part I explores the legacy of Franklin Roosevelt in shaping American concepts of positive freedom.
Why lemons don’t always make lemonade: The importance of information asymmetry
Is perfect completion feasible in a world where there is imperfect knowledge? Edmund Kemsley explores how information asymmetry can lead to market degradation and, in extreme cases, failure.
This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!
The Economics of Beauty and Discrimination
Suvi Lokuge investigates whether it pays to be pretty.
This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!
Arthur Cecil Pigou: externalities and the answer to climate change
Prices contain an immeasurable amount of information. They are the sum of an entire population’s private preferences and an indispensable signal to achieve an efficient allocation of resources. But what about the information they don’t include? Taylor Nugent examines the work of Author Pigou on externalities, and concludes that his eponymous tax is the best way to make prices reflect the costs of climate change.
This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!
W Brian Arthur: the Complexity Economics vision
This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!
Ibn Khaldûn and Adam Smith—The Heroes of Modern Times
This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!
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