It was given for economics, but it seems more like an award for a branch of mathematics or engineering. I mean this year's Nobel Prize....

Capitalism is changing under the influence of developments that can be described as turning points. As the first quarter of the 21st...

There is no point that we can describe as the end point of globalization. It is possible to determine its level in different areas. There...

One of the most comprehensive works written on the history of the Roman Empire is “The History of the Decline of the Roman Empire”,...

In the last two issues of the journal Economics and Society, I wrote articles examining income and wealth inequality. In the first , I...

Is rationality selfishness? Does being rational require putting aside social and ethical values? In Adam Smith's Wealth of Nations,...

Let's compare the economy to a ball in which firms, households, states, consumption, savings, and production are located. The economy...

Nicolaus Copernicus (1473-1543) published his book " De Revolutionibus Orbium Coelestium (On the Revolutions of the Heavenly Spheres)" ...

The last ice age of the earth ended 11,700 years ago. The era that followed and the one we are in is called the Holocene Era. Humans have...

The culture of the Greek and Anatolian civilizations of a period was shaped by the story of the Trojan War, told in poetic form by Homer ...

When did humanity first learn about the concept of climate change? We cannot know this with a precise determination. However, I have...

The US state of California has been facing a severe drought for three years , which has resulted in water usage restrictions as of June...

The only freedom worthy of the name is to pursue our own good, so long as we do not seek to deprive others of their freedom or thwart...

In the scientific world, the first climate model was created by Swedish scientist Svante August Arrhenius (1859-1927) in 1896. Arrhenius...

I was at the beginning of my business life. I was aware that I was very lucky to be able to say, "If I become a manager one day, I should...

The 20th century until the end of World War II was marked by wars and crises. Only the United States achieved high economic performance...

The deterioration in macroeconomic balances begins with the deterioration in micro balances. Depending on the type of variable...

In the 1970s and later, the efficient market hypothesis led by Eugene Fama and Robert Lucas attracted both academic interest and was...