Tags » Basic Economics

1. Fundamental of Economics - Basics

Before I talk about two types of economics which would be very familiar to you – Micro and Macro economics – there are some basic knowledge that we should know in order to understand them properly. 595 more words

Basic Economics

Why Basic Economics is Not Working in Indian Real Estate

Over the weekend I appeared on the CNBC Awaaz’s Pehredar show, discussing what else but the ‘sad’ state of India’s real estate.

At some point of time we started discussing the unsold inventories of builders. 1,173 more words


Why don't young Americans understand the effects of socialist policies?

Here is an interesting article by Kathryn Blackhurst, writing for LifeZette.com. The article reports on how the mainstream media has covered the situation in Venezuela, which has been under socialist rule for decades. 862 more words


Analysis: how much did each Obamacare mandate drive up health insurance premiums?

Since 2010, we were inundated with reports and studies from various groups that argued that the new mandates in Obamacare would drive up the cost of health insurance. 637 more words


Economic Ignorance Has Caused Our Political Chaos.

What do Jeffery Sachs (economics professor at Columbia), Bill Gates, the Pope, Donald Trump and Republicans in Congress have in common?….. Economic ignorance!

Why are  pronouncements by people with authority rarely challenged?….. 1,428 more words

Government And Politics

New study: in 2017, minimum wage increases will cost 383,000 low income jobs

Is raising the minimum wage a good idea? Where would the money come from for the higher wages? Would job creators be able to afford to pay people more for the same level of productivity? 542 more words


Book suggestion: Basic economics

I’ve finally finished this lengthy book. You may be thinking, why am I suggesting an economics book to clinicians who want to innovate? The book looks at the economic outcomes of interventions and choices as opposed to their emotional intentions. 134 more words

Reading List