What is microeconomics really about? Conventional economics usually puts markets at the centre of the answer. It assumes that individuals make rational choices and that
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Understanding economics: What is the economy for?
Most economists assume the answer is obvious. They say the purpose of the economy is growth, and they measure success using GDP. But what if
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Understanding economics: a new video series
I mentioned a few days ago that I was planning a video series that would, over time, provide an introduction to many of the key
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Understanding Economics: What is economics?
Most people think economics is about money. It isn’t. Economics is about how society organises itself to meet people’s needs and help everyone thrive. In
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Richard Murphy
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