Microeconomics and Behaviour

From a report on a repossession hearing in County Mayo : The day’s sitting began in bizarre fashion with a Liam Mac Coisteala reading a Pa...

The outcomes of two systems meeting the needs of people are juxtaposed in this photo of the Korean peninsula at night.

Here is a link to a symposium with contributions from a number of economists, scientists, politicians and former world chess champion, Garr...

Billy Ray Valentine learns about commodities trading here and then he puts his knowledge to good use with a little short selling here . How...

First, Gordon Ghekko here And here is a article analysing Adam Smith's view of the Greed is Good mantra. The piece is taken from here ....

If economists made a list of the things they agree on, free trade would be at the top of the list. Unfortunately, economists don’t talk much...

The season of the business convention is upon us again. From White Sulphur Springs to Palm Springs, resorts will be filled with meetings of ...

Many years ago, before earth's exploration had got underway, there was a thriving community in the South Seas. The climate was only temp...

Adam Smith - The Wealth of Nations (1776) Book I, Chapter I: Of the Division of Labor The greatest improvement in the productive powers of...

Adam Smith - The Wealth of Nations (1776) Book IV Chapter II As every individual, therefore, endeavours as much as he can both to employ h...

Once upon a time, Tinstaafl was made King of all the lands. His first act was to call all his economic advisers and tell them to write up al...

There are several reasons why might study economics. It might be because: - you find it interesting! - your friends are doing it. - it provi...

This is an interest piece from the BBC on altruism and self-interest. In 1968, an academic almost unknown in the UK walked into University...

Tipping waiting staff is a pro-social behaviour that seems to run counter to opinions that people are always self-interested.  In this artic...