Tag "Economic theory"
Finance
International
There is nothing normal about risk and uncertainty
Much of risk and all uncertainty are inaccessible to mathematical tools. Alternate analytical methods are needed. Standard models in financial economics – including risk models – are under great scrutiny.
Economics
North America
Are low interest rates deflationary?
The benefits of any activity should outweigh the costs. Risk should be commensurate with return. In fact and theory, risk and return are inseparable. Analysts say the relationship between risk
Europe
Politics
Why Political Parties in Opposition Will Never Embrace Austerity
This article hence proposes two major reasons to account for such a trend – unpopularity and inaccessibility of the austerity measures, dynamics of political parties during elections. “The President’s great
