Economic psychology studies how psychological elements influence the way people make economic choices. Traditional economic theory assumes that people make … Economic Psychology: Are Humans Rational Thinkers?Read more
Economy & Finance
Why GDP Might Paint a Misleading Picture in Developing Nations
Gross Domestic Product (GDP) is one of the most widely recognized metrics for evaluating the economic health and growth of … Why GDP Might Paint a Misleading Picture in Developing NationsRead more
How Fiat Money Adds to Inflation and Economic Inequality
Fiat money, a cornerstone of modern economies, is both a facilitator of economic progress and a contributor to complex challenges … How Fiat Money Adds to Inflation and Economic InequalityRead more
Paper Money: How it Shaped the Modern Economies
The evolution of money is a cornerstone of economic history, marking humanity’s transition from gold, silver and commodity-based trade to … Paper Money: How it Shaped the Modern EconomiesRead more
What Could Possibly Cause Another Great Recession?
The 2008 financial crisis and subsequent Great Recession were global economic disasters of unprecedented scale, etched into collective memory as … What Could Possibly Cause Another Great Recession?Read more
Crypto Currency: Social & Economic Impact
As the world becomes increasingly digital, a new form of currency has emerged and gained significant attention. Cryptocurrency, a decentralized … Crypto Currency: Social & Economic ImpactRead more