Tags » George Akerlof

Is this the dumbest book on economics ever written?

There will have to be a wall of shame for economists who endorsed Keynesian solutions back in 2009 who will need to have their beliefs brought back to haunt them. 796 more words

Why your brand new iPhone loses value immediately after purchase

It’s that day – you’ve finally saved up enough money to treat yourself to a smartphone. After years of battling it out with your trusty Nokia 1100 (which admittedly was extremely durable despite its lack of support for your favorite pastime Candy Crush), you’re going to join the legions of elite who carry around those gigantic devices which seem to control their minds. 1,001 more words