Uncover the essence of the Bird in Hand Theory in investing, which argues that dividends are preferred over uncertain capital gains. Learn how this preference impacts stock valuations and investor behavior.
Dive into New Keynesian Economics, a contemporary adaptation of Keynesian ideals focusing on price stickiness and economic response to fiscal policies, shaping modern macroeconomic theories.
Explore how bounded rationality affects decision making in economics and business, offering a realistic perspective on how individuals and organizations make choices in the absence of perfect information.
Explore the concept of involuntary unemployment, its causes, economic theories, and the ongoing debates surrounding it with a touch of scholarly humor.
Delve into the life, achievements, and influence of John Richard Hicks, the British economist who shaped neo-Keynesian thought and won the Nobel Prize in Economics.
Explore the life and ideas of Milton Friedman, the 20th-century economist whose advocacy for monetarism and free-market capitalism reshaped modern economic policies and thought.
Explore the role of monetarists in economics, their beliefs on money supply management, and their impact on policies, including insights into prominent figures like Milton Friedman.
Explore the concept of full employment, its economic implications, and why achieving true full employment might be a utopian pursuit. Learn about the theoretical and practical aspects of full employment for effective economic policy.
Dive into the complex world of political economy, where economics meet politics to shape public policies and national welfare. Understand different systems like capitalism, socialism, and communism and how they function in the real world.
Dive into the Pareto Principle, a crucial economic theory asserting that 80% of consequences stem from 20% of causes. Explore its applications and implications in various fields.
Explore why liquidity premium is crucial in financial strategies, how illiquidity affects asset pricing, and the nuances of investment risk management.
Dive into Hotelling's theory, an essential economic principle that helps predict the pricing dynamics of nonrenewable resources based on interest rates, crafted by Harold Hotelling.
Dive into the complexities of Public Choice Theory through the groundbreaking work of Nobel winner James M. Buchanan Jr. Explore how this theory demystifies the political and economic decisions.
Unveil the essentials of Neoclassical Economics, its reliance on consumer utility, and the impact of market forces on economic theory and practice.
Explore the profound economic theories of Karl Marx, including his views on capitalism, exploitation, and surplus value, and understand their relevance today.
