by Simon Elgersma | Dec 6, 2022 | Economy, History
I have always had a weakness for history lessons. Although very different from the standard optimal control problems and differential equations I am solving in my studies, I find that the lessons we can learn from great previous minds are both insightful and...
by Simon Elgersma | Oct 11, 2022 | Economy, Mathematics
For some reason I always have a hard time making inter-temporal decisions. Should I drink a few more beers tonight, taking into account that I have a lecture at 9 am tomorrow? Should I buy that new piece of clothing or save to accumulate some (possibly negative)...
by Simon Elgersma | Jun 28, 2022 | Economy, Finance, Other, Society
I recently noticed that in the last few months, my favorite pack of oatmeal went up in price by 40%, from 50 cents to a whopping 70. Not only that, but the beers at the ‘Negende Cirkel’ have probably increased as well (I have to check it when I am sober, though)....
by Simon Elgersma | Apr 26, 2022 | Economy, Other, Philosophy, Weather and Climate
Environmental economics is a study at the intersection of both ecological and economic processes. After all, one of the reasons the earth is warming is because of the continuing growth of our economy and our reliance on fossil fuels. Although numerous efforts have...
by Simon Elgersma | Feb 22, 2022 | Economy, Education, History, Mathematics
In history, there have been numerous influential scholars in the field of economics and econometrics. Think for instance of John Maynard Keynes, who is known for his influence in macroeconomics through the Keynesian School. Or think of Adam Smith, who introduced the...
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