Behavioural Economics
The American behavioural economist Richard Thaler has deservedly won the Nobel Memorial Prize in Economic Sciences this year. According to the Royal Swedish Academy, his work has “built a bridge between economics and psychological analysis of individual decision making”. Thaler’s work in the rapidly expanding field of behavioural economics and the “Nudge Theory” has been a matter […]
When an Economy Becomes Creative
The World Forum for Peace, organised by the Journalists Association of Korea in April 2016, was a great entry point to South Korea. In a roller-coaster schedule across the country, we visited several provinces and were hosted by governors and mayors in each province, some being potential Presidential candidates. The journey was a phenomenal peep […]