Econwising

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Economics is a humanitarian subject: it is just a collection and formalisation of human sense. But in order to make it useful, we have used maths to quantify what previously was thought to be unquantifiable, and this has brought many advances in the subject, both in terms of practicality, as well as theoretically, with the development of mathematical economics. One of the biggest dilemmas faced within the subject is to quantify the value of human life. Would looking at the amount people donate to save lives a good place to start to look at what the true value is?

One of the main breakthroughs in economics in recent years is the one of nudging, in the field of behavioural economics. This is just a fancy term for the process of presenting information in a different manner such that it influences the decision of the person concerned. So what are you waiting for?

Monetary policy is of course something you don't want to be joking around, especially when considering that it has the health of the whole economy at stake. However, it should be worthwhile for us to ask whether this kind of intervention is worthwhile, particularly now that we have seen there are many other possible weapons under our arsenal.

It's been a while now since the last episode. I have been pretty busy here days so apologies for that. I came across a book which talks about stoicism: it's called "hot to think like a roman emperor". And this is why I bought something which I have learned by reading this book here: meditate malorium. This is man exercise to prepare your for the worst, so what are you waiting for?

Bonds are probably what you would invest for your pension... They are safe, but that comes at its own price, too...

This might be one of those less-heard-of things in the financial markets. But now that you know it, it would be a good idea to explore further...

The milk you are drinking might be sold on the commodities market... Not only is this market a way for its traders to hedge against the future, people involved tend to become very, what shall we say..  quirky?

You definitely have heard of Forex, particularly now, that there are a ton of BS on YouTube in the form of ads that claim to make you rich by single clicks. For as ludicrous as it might seem, forex trading is actually a thing, and might be more important than you think

In this episode of the series introducing to you the Financial Market, we go on to explore some insights in share trading. Not only do we explore the different types of shares, but you are also likely to learn things you might want to look out for during shares trading!

Welcome to this new section of Financial Markets, where we dive in deeper in our exploration of the financial market. Today we are going to talk about indices...

Hello! Welcome to this mini series in which we dive in the financial market, to explore this rather unusual part of the economy. This episode will start with the basics, and provide a comprehensive introduction to the key components of the financial market

Pensions are certainly one of the most troublesome things governments have to deal with: for many countries, they represent the single greatest liability the government has to face. And as always, radical things need radical plans. So let's hear from Bill Ackman...

Of course, the government cannot get into resilience measure during times of crisis in which employment rates are soaring. Indeed, Keynes once said that the best way for economic recovery for a nation was to spend its way out of the crisis. This is true, of course, but we also have to keep an eye on debt. And it seems that Sunak has done just that...

MMT, or modern monetary theory has been one of the most hotly debated policies in the world up until now. It mainly advocates the fact that governments should not worry about debts. But everything sounds too good to be true...

In this episode, we take the core ideas of the book "why nations fail" and turn them into a comprehensible interpretation of why property rights are so important. I think this is something everyone should be aware of, since its impacts is so far reached