What-if Economics

It has been around twenty-five years since the Rwandan genocide, but, with a vision to steer the economy, the leadership in Rwanda has…

The article describes the Goodhart’s Law and the Lucas Critique and its implications on policy decisions, briefly focussing on the measure…

A silver bullet is an action that cuts through complexity, providing an immediate solution to a long-standing problem. Is microfinance that…

The idea of vaccine passports has been around long before COVID-19 disrupted travel and commute. While pre-COVID-19 vaccination…

Modern Monetary Theory is a post-Keynesian heterodox theory postulating that an economy holding a sovereign currency can never run out of…

The skewed gender ratio across Asia, particularly India and China, prefaced the notion of missing women. Since then, the trends and reasons…

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…

Two paradoxes — that of value and choice — in economic and psychological decision-making are quite different yet similar. At the…

The article unveils the missing middle phenomenon or the lack of medium-sized enterprises in the industrial sector of developing economies.

When do the free markets cease to be self-correcting? The article charts the evolution of economic thought, from traditional laissez-faire…

This explainer expands on the labor demand and supply in a monopsonistic labor market, exploring the effect of collective bargaining by…

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…

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…

Human capital accumulation is equally essential to the production process in an economy, as is physical capital formation. The article…

A Universal and Unconditional Basic Income is a disincentive to employment and financial sovereignty that ought to do more harm than good…

Sparing the technical details of what happened, the article draws lessons from the GameStop frenzy and comments on the growing…

A theory to explain causal pathways of anticipated impact after initiating an intervention, used in monitoring and evaluation methods, in…

While the governments and policymakers set development goals, they often neglect the privations of rural areas. The article talks about…