Economic Theory

Categories
money and its technological failures

Money and its technological failures

Over the last few days, Zimbabwe’s mobile money system, Ecocash, has struggling to stay online. For non-Zimbabweans, it is hard to appreciate the scale of this problem. Zimbabwe’s economy is involuntarily cashless – which means that the primary methods of payment are debit cards, bank transfers, and mobile money. But for a country that is largely […]

read more
tariffs and free trade

Tariffs: The Trumpian Argument

Protectionism for the modern age.

read more
trade

Why do we trade, anyway?

The theory of cupcakes. And comparative advantage.

read more
keynes and leisure

Learning to live with leisure

Keynes wrote about the economic possibilities of his generation's grandchildren. That would be us.

read more
fiat money

Is fiat money really unbacked?

Well, no. Fiat money is backed. But if you already think that it's unbacked, then you're probably not going to like how.

read more
economic relationships

Economic Relationships: Markets, Morals, Rights and Laws

In a world of free markets, are we thinking about relationships in the right way?

read more
discworld-80729

All The World’s Money In All The World’s Markets

This money infographic is probably my favourite ever. And it's just had a face-lift.

read more
great depression

The Great Depression

The life and times of the Great Depression

read more
great deflation

Famous Deflation: The Economic Causes

The causes of the Great Depression.

read more
roman empire coinage

Currency and the Collapse of the Roman Empire

Inflation by coin clipping

read more
Pages 1 of 10