In the previous article, we learned about the concept of the broken window fallacy. We learned that in general, the...
Introduction: The History of Universal Basic Income (UBI) In recent months, there has been much discussion worldwide about a concept...
What is Trickle down Economics, Why it Became Popular, and How it Works in Practice In economic theory, the concept...
In the previous articles, we have discussed the various pitfalls of the GDP system. We have also made the case...
The GDP growth rate of India overtook the GDP growth rate of China in 2015. This has fuelled many newspaper...
In the previous article, we understood why the GDP number was created and what purpose is it supposed to serve....
Economics is divided on the role of savings. Many economists believe that saving is a personal virtue but social vice....
Green GDP In the search for a better system to account for our economy, researchers have looked at various options....
In the previous article, we read about how the GDP system encourages incessant and reckless borrowing on the part of...
Debt was once an individual and social vice. Individuals and organizations in heavy debt were considered to be inefficient and...