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PasiduPerera
PasiduPerera

67 Followers

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Published in

Geek Culture

·Jun 10, 2021

Keynesian Economics

John Maynard Keynes was an economist born in 1883 who’s ideas fundamentally changed the theory and manner is which macroeconomic practise and policy is conducted. His primary research delved into the effect of government spending on inflation, output and employment, especially in weak economic periods such as during a recession…

Economics

9 min read

Keynesian Economics
Keynesian Economics
Economics

9 min read


Published in

Geek Culture

·May 23, 2021

Chinas Bans Crypto

The recent ban on cryptocurrency in China has roped the former lucrative, coin markets into disastrous bear trends whose ramifications are approaching almost $1 trillion being wiped of the market capitalization of the cryptocurrency market as a whole. …

Cryptocurrency

4 min read

Chinas Bans Crypto
Chinas Bans Crypto
Cryptocurrency

4 min read


May 17, 2021

Currencies: Overpriced and Underpriced

Currencies power and worth is determined by their exchange rates with other countries. By the end of this article, I hope that you will understand the determinants of a currencies exchange rates and why economies may opt to for overpriced/underpriced currency as a mechanism to promote economic growth. Types of Exchange Rate: Fixed: Currencies…

Money

5 min read

Currencies: Overpriced and Underpriced
Currencies: Overpriced and Underpriced
Money

5 min read


May 16, 2021

Homo Economicus is a Bad Assumption

Before I start, I want to solely credit ‘Doughnut Economics- Sevens ways to think like a 21st century economist’ by Kate Raworth for the information I use and for the great insight into how economical thinking has advanced in the 21st century. When creating models, economics tend to call the…

Economics

3 min read

Homo Economicus is a Bad Assumption
Homo Economicus is a Bad Assumption
Economics

3 min read


May 12, 2021

How Big Firms Avoid Tax

It is common knowledge to know that many of the largest global companies exploit loopholes in the tax system in order to avoid their taxes. These techniques are all legal and there is nothing illegal to what they do yet ethically, it is unfair and is a large leader in…

Finance

2 min read

How Big Firms Avoid Tax
How Big Firms Avoid Tax
Finance

2 min read


May 12, 2021

The Downfall of Enron

Enron was an American energy and commodity based in Texas. For its in lifetime in the later 20th century and early 21st century, it witnessed massive growth year on year and had reached an all time high of $90.75 however this changed in the crisis around Enron leading to the…

Economics

2 min read

The Downfall of Enron
The Downfall of Enron
Economics

2 min read


May 2, 2021

Why we make Irrational Choices

To understand what is irrationality it is better to understand what rationality is: rationality is the idea that our choices are made based on what brings us the most utility and benefit. Although, we may think we instinctively do this, we all have probably got thoughts in our head from…

Economics

2 min read

Why we make Irrational Choices
Why we make Irrational Choices
Economics

2 min read


May 2, 2021

Welfare Surplus

Surplus is defined as the extra benefit to society that a given good’s price gives to society. …

Finance

4 min read

Welfare Surplus
Welfare Surplus
Finance

4 min read


May 2, 2021

Price Mechanism

The price mechanism is how we exchange goods and services in the modern world. Originally, we used the barter system which was a system of trade, however this relied on the people owning something of value for each other which couldn’t be guaranteed so money provided as that medium of…

Money

2 min read

Price Mechanism
Price Mechanism
Money

2 min read


May 1, 2021

Laws of Supply

In Economics and in basic business, we need to understand how supply works so a firm can operate at optimal levels of production. The supply curve is typically displayed as shown as it is usually used in accordance with the demand curve. What is suggests is that as the price…

Economics

5 min read

Laws of Supply
Laws of Supply
Economics

5 min read

PasiduPerera

PasiduPerera

67 Followers

Economics Student at Cambridge University

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