#Economics

The Father of Modern Economics, Adam Smith in Edinburgh, Scotland.

‘Tell Me Something I Don’t Know About Economics’

Economics is incomplete. One fundamental principle that many economic models build on, that we are all rational agents with clear preferences, is flawed. Economics does not account for, among our…

The Clock Tower of the Cardiff Castle in Cardiff, Wales.

Richest One Percent Will Own More Than The Rest

It goes without saying that, in this day and age, the rich gets richer and the poor gets poorer. Or as the French economist Thomas Piketty put it,…