On the afternoon of February 11th, 1979, the man of wisdom, the voice of freedom, the only hope of independence and dignity arrived in Tehran in an old Chevrolet car, set to bring liberty with himself from France. He is surrounded by people. One is standing on the car boot smiling away, the other is […]
Economics of Revolution: Will Iran Undergo a Regime Change? Read More »
The recent US election is expected to bring about important changes in the global markets. The return of Trump administration is undoubtedly a turning point for America to re-structure its economic policies and to show response to the current events which can greatly affect the economies of all nations, in particular the UK. Tariffs to
How Trump Can Affect the UK Economy Read More »
“Market depends on people’s judgement of what others are thinking about” – John Maynard Keynes Many still accuse economists for the Stock Market Crash of 2009, arguing that economists must have used a normative approach to warn ordinary people about the imminent threat and to advise politicians on precautionary measures to be taken. There is
Narrative Economics: Stories Cause Inefficiency Read More »
Whats is prosperity? The notion of prosperity has long been at moot and the definition and the real meaning of it has always been a point of controversy. Prosperity consists of two words “Pro” and “Spere” that means comprehensively “hanging on to hope”. Now, of course prosperity may mean differently for every person, but it
How to Achieve Happiness without Conspicuous Consumption? Read More »
