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...
by Simon Elgersma | Nov 18, 2021 | Econometrics, Economy, Statistics
On the 11th of October the Nobel Prize in Economics was awarded to David Card, Joshua Angrist and Guido Imbens “for their methodological contributions to the analysis of causal relationships”. Loosely speaking, these researchers are looking at ways to address several...
by Simon Elgersma | Sep 7, 2021 | Economy, Other, Weather and Climate
The bank robbery that you planned with your best friend, Llyod Shapley, did not go as successfully as you both expected. Multiple things were working against you after you hid the stolen money and as a result you both ended up in the police station. Both taken to a...
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