by Sam Ansari | Feb 3, 2022 | Economy
There are many theories trying to describe the dynamics of economies. One of the first economists to think about this was Adam Smith. He laid the foundation of classical economics and thought of the economy as a free market. Then came Alfred Marshall, who was one of...
by Jochem Hak | Mar 16, 2021 | Economy, Finance, Other, Society
It is the year 2007. The school bell has rung and you’ve jumped on your bike and are sprinting home as fast as possible. At home you fire up the Windows Vista powered desktop computer, you launch the game client, and “Jungle Island” starts to play. It is time to fish...
by Max Kloosterman | Feb 7, 2019 | Statistics
Economic policy allows a governing body to control the way in which the people will use their utility. In this article, I’ll be discussing the foundation of different economic systems, what their positives and negatives are, and will controversially try to compare...
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