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What-if Economics
what-if(s) in economics
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In Search of a Self-Provisioning Society
In Search of a Self-Provisioning Society
A self-provisioning society can be an intersection of the commons, as envisioned by Nobel Laureate Elinor Ostrom, and cooperative…
Shereein Saraf
Jun 3, 2021
Rebuilding Rwanda; Building Africa
Rebuilding Rwanda; Building Africa
It has been around twenty-five years since the Rwandan genocide, but, with a vision to steer the economy, the leadership in Rwanda has…
Shereein Saraf
Oct 20, 2020
Good Measure, Bad Measure and the Goodhart’s Law
Good Measure, Bad Measure and the Goodhart’s Law
The article describes the Goodhart’s Law and the Lucas Critique and its implications on policy decisions, briefly focussing on the measure…
Shereein Saraf
Sep 27, 2020
The Microfinance Silver Bullet
The Microfinance Silver Bullet
A silver bullet is an action that cuts through complexity, providing an immediate solution to a long-standing problem. Is microfinance that…
Shereein Saraf
May 27, 2021
The Time Relevance of Vaccine Passports
The Time Relevance of Vaccine Passports
The idea of vaccine passports has been around long before COVID-19 disrupted travel and commute. While pre-COVID-19 vaccination…
Shereein Saraf
May 13, 2021
Modern Monetary Theory: A Paradigm Shift or Drift?
Modern Monetary Theory: A Paradigm Shift or Drift?
Modern Monetary Theory is a post-Keynesian heterodox theory postulating that an economy holding a sovereign currency can never run out of…
Shereein Saraf
May 6, 2021
Why are the ‘Missing Women’ Missing?
Why are the ‘Missing Women’ Missing?
The skewed gender ratio across Asia, particularly India and China, prefaced the notion of missing women. Since then, the trends and reasons…
Shereein Saraf
Apr 29, 2021
Building a Missing Middle Housing
Building a Missing Middle Housing
As the world is on the verge of a global housing crisis, the lack of a missing middle limit the number of options households have while…
Shereein Saraf
Apr 22, 2021
Choosing Out of a Paradox
Choosing Out of a Paradox
Two paradoxes — that of value and choice — in economic and psychological decision-making are quite different yet similar. At the…
Shereein Saraf
Apr 8, 2021
A Missing Middle Within the Manufacturing Sector
A Missing Middle Within the Manufacturing Sector
The article unveils the missing middle phenomenon or the lack of medium-sized enterprises in the industrial sector of developing economies.
Shereein Saraf
Apr 1, 2021
In Search of a Free Market Solution
In Search of a Free Market Solution
When do the free markets cease to be self-correcting? The article charts the evolution of economic thought, from traditional laissez-faire…
Shereein Saraf
Mar 18, 2021
Monopsony in the Labor Market
Monopsony in the Labor Market
This explainer expands on the labor demand and supply in a monopsonistic labor market, exploring the effect of collective bargaining by…
Shereein Saraf
Mar 11, 2021
Is the Life Expectancy Expected to Decline Eventually?
Is the Life Expectancy Expected to Decline Eventually?
While life expectancy in the United States fell from 2015 to 2017, we could observe a similar trend in the post-pandemic world but due to…
Shereein Saraf
Mar 4, 2021
The Capitalism of Perpetual Surveillance
The Capitalism of Perpetual Surveillance
In 2001, Shoshana Zuboff coined the term ‘surveillance capitalism’ for what once was a panacea in the wake of the dot-com bust, which now…
Shereein Saraf
Feb 21, 2021
Human as Capital
Human as Capital
Human capital accumulation is equally essential to the production process in an economy, as is physical capital formation. The article…
Shereein Saraf
Feb 14, 2021
The Flawed Idea of a Universal Basic Income
The Flawed Idea of a Universal Basic Income
A Universal and Unconditional Basic Income is a disincentive to employment and financial sovereignty that ought to do more harm than good…
Shereein Saraf
Feb 7, 2021
The Robinhood of Financial Capitalism
The Robinhood of Financial Capitalism
Sparing the technical details of what happened, the article draws lessons from the GameStop frenzy and comments on the growing…
Shereein Saraf
Feb 1, 2021
Theory of Change for Development Evaluation
Theory of Change for Development Evaluation
A theory to explain causal pathways of anticipated impact after initiating an intervention, used in monitoring and evaluation methods, in…
Shereein Saraf
Jan 24, 2021
Urban Bias in Rural Development
Urban Bias in Rural Development
While the governments and policymakers set development goals, they often neglect the privations of rural areas. The article talks about…
Shereein Saraf
Jan 17, 2021
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