NOBEL PRIZE-WINNING economist Douglass North observed that “economic history is overwhelmingly a story of economies that failed to produce a set of economic rules of the game (with enforcement) that induce sustained economic growth.” A sound education system is the… Read More ›
Day: Saturday December 12, 2020
Amazon is Amazing
Nothing warms the cockles of this economist’s heart like seeing a market do its bit beautifully. As we say in the trade (pun intended), markets work and incentives matter. That sums up very neatly two of the fundamental insights of… Read More ›