What is an axiomatic concept?
One of the most fundamental concepts in the study of Economics is the concept “human action”. It forms the bedrock on which all economic theory...
One of the most fundamental concepts in the study of Economics is the concept “human action”. It forms the bedrock on which all economic theory...
No study of Economics can begin without an understanding of the fundamental concept of afree market. In fact, economics itself is the study of exchange. Any...
This article focuses on a certain divergence between two popularly used measures of price inflation – WPI and CPI – to explain the limited room available...
Most people I speak to think that an economic depression is a problem that needs to be solved. Take a look at this article, for instance....
This article raises an issue very relevant to the times we live in – fixing inflation. Summarising what Mr. Subbarao says, inflation is a supply side...
I just chanced upon this article and thought it would be helpful to explain why representatives of the banking industry frequently make such demands. This is meant...
Human Mind’s are insecure Who was it that said ‘Man is Rational animal’? It is at best an extremely incomplete description. Humans are emotional...
Human Minds are very selective All of us today overloaded with information. Newspapers and assorted printed matter, TV, Internet, etc flood us daily with news,...
We live in an age of metaphors. We use all kinds of violent terminology to denote the most peaceful of all human relationships – business....
Strategy and Marketing As one of my favorite professors used to say, ‘the number of people who do not understand the meaning of Strategy is...