Editor of Econs.online
American economist Daniel Hamermesh on the importance of time as an economic resource, how digital technologies has affected the value of time, and how to reduce stress from a constant lack of time.
Crises are a chance for countries to reassess their economic policies, proving that what used to be unquestionable is often a myth, says Esther Duflo, an MIT Professor and Nobel Prize winner.
Changing attitudes, aptitudes to reassess conventional ideas, and greater intellectual tolerance predetermined the Industrial Revolution and later, Europe turning into the world’s major economic centre, argues economist Joel Mokyr.
Modern surveys help economists get into people’s minds: it turns out that people’s perceptions of the economy are not in line with reality, which in the end, can undermine economic policy, argues Stefanie Stantcheva, professor at Harvard.
The languages people speak affect their worldviews and economic behaviour. Thinking in a foreign language helps people make more rational decisions.
