Tag: history
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Beyond Homo Economicus: Incorporating Social Identity into Economic Analysis
“The purely economic man is indeed close to being a social moron. Economic theory has been much preoccupied with this rational fool.” — Richard H. Thaler Introduction As Nobel laureate Thaler contends, the economic science has been far too preoccupied with the purely economic man. This insight has never been more relevant. In a world…
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The Irony of Anti-Immigration Protests and Global Dependency
The “March for Australia” rallies on August 31 showcased far-right extremism, with participants paradoxically enjoying multicultural cuisine after chanting anti-immigration slogans. This hypocrisy highlights the far-right’s dependency on global interconnections, despite its claims of cultural purity. Moreover, addressing housing crises is misdiagnosed by scapegoating migrants while ignoring systemic causes like supply shortages. Ultimately, the rallies…
