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Tit for Tat and the Triumph of Cooperation: Why Cooperatives Are Game Theory’s Winning Strategy
Game theory, the study of strategic decision-making, offers a powerful lens through which to analyze the dynamics of cooperation and competition. One of its most intriguing findings is the surprising…
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More Jobs Does not Always Mean More Solutions: Why We Need a New Definition of “Job”
The economy added 250,000 jobs last month!” These headlines often dominate news cycles, presented as a sign of economic health and prosperity. But what do these numbers truly represent? Are…
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The Paradox of Insurance Competition: Why a Larger Risk Pool is Key
The conventional wisdom of economics suggests that competition drives down prices and benefits consumers. However, the insurance industry presents a unique paradox: while seemingly beneficial, competition can counterproductively affect effective…
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The Economic Cost of Anxiety: A Silent Drain on Society’s Potential
We often discuss anxiety and stress in terms of individual suffering, focusing on the emotional toll and impact on personal well-being. But what if we broadened the lens and examined…
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The Wallet’s Whisper: Why Economic Incentives Will Drive Climate Action
We’re bombarded daily with dire warnings about climate change. Melting glaciers, raging wildfires, and extreme weather events paint a grim picture of our planet’s future. Appeals to our sense of…
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Is Capitalism Eating Itself? How Corporate Giants Stifle Competition and Innovation
Capitalism, emphasizing competition and innovation, is often hailed as the engine of economic growth. But what happens when the very forces that drive capitalism start to undermine its core principles?…
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The Sustainability Paradox: Are Long-Term Goals Just a Facade?
In recent years, sustainability has become increasingly important in business. Businesses are pressured to adopt sustainable practices that minimize their environmental impact and contribute to social good. However, there is…
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How Marcus Aurelius’ Wisdom Cracks the Foundation of Economics: The Myth of Full Information
The Stoic philosopher Marcus Aurelius once said, “Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.” At first glance, this may…
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Reimagining Governance: The Bond-Based Economy – A Thought Experiment
Innovative economic and political theory ideas often spark captivating debates, challenging conventional wisdom and inspiring new perspectives. One such concept that has garnered attention in recent years is a bond-based…
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Universal Basic Income: Bridging Economic Classes While Empowering Free Market Choices
In an era marked by significant economic disparity and technological upheaval, Universal Basic Income (UBI) has emerged as a beacon of hope and a topic of vigorous debate. UBI proposes…