monetary policy and fiscal policy

Monetary and fiscal policy

What is the difference between monetary policy and fiscal policy, and how are they related “Monetary policy is a term used to refer to the actions of central banks to achieve macroeconomic policy objectives such as price stability, full employment, and stable economic growth. In the United States, the Congress […]

Happiness Economics

Happiness economics

The economics of happiness can make for sad reading

What makes people happy and why it matters for development

Above-average happiness: Britain is 11th most content nation in Europe

Happiness Economics


Relationship between Wealth, Income and Personal Well-being, July 2011 to June 2012–income-and-personal-well-being/art-wealth–income-and-personal-well-being.html#tab-Main-points


The Surprising […]

Commodification and Commoditization

“Commodification is more of a crime of the market against humanity, while commoditization is more of a market problem for the manufacturers of branded goods.”

Commodification and commoditization

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“My definition of a commodity? If it can be purchased online with a credit card, it is a commodity, […]