From the ashes of neoclassical thinking, behavioural economics has emerged. Aleisha, Oliver and Qi Rui examine some of the key principles as well as explore some classic examples of how the decision making process is sometimes more psychological than strictly rational.
Gaining traction in economic circles, Modern Monetary Theory stands at an arms length distance from traditional monetary and fiscal policy. However, with countries economies crumbling under the sheer weight of the pandemic, is it time that we reconsider?
This revolutionary shift in how capital should be perceived led to several insightful conclusions that ought to be considered carefully by policymakers.
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