Tag: politics
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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 Economy and Populism.
The views expressed are solely my own and do not represent the official position of YEI, a nonpartisan think tank that provides a platform for its researchers to share independent perspectives. Since the emergence of democratic systems, political figures have frequently discovered that the most efficient approach to garner widespread electoral backing involves asserting their…
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The Limits of Measurement: Goodhart’s Law in the Modern Economy
“When a measure becomes a target, it ceases to be a good measure” — Charles Goodhart (1975) Economics has long relied on indicators to simplify a complex world. Inflation, GDP, unemployment – each distils countless decisions into a single figure. Yet when policymakers start managing to the number rather than the reality it represents, meaning…
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Martyrdom and Division: What Charlie Kirk’s Death Reveals About American Political Polarisation.
The views expressed are solely my own and do not represent the official position of YEI, a nonpartisan think tank that provide a platform for its researchers to share independent perspectives. On the 10th of September, political activist and speaker, Charlie Kirk was shot dead during one of his many “Prove Me Wrong” debates on…
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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…
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Degrees for Sale: How Neoliberal Reason Hollowed Out the University & the Adelaidean Example
The upcoming merger of two South Australian universities reflects a broader neoliberal trend in higher education, prioritising market metrics over public purpose. This shift results in commodification of education, constraining academic freedom, reducing diversity, and limiting access. A university should prioritise knowledge serving democratic society, not merely profit.
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The Scale of Retribution: Is There Greater Retribution If You Kill One Person or Thousands?
The views expressed in this article are solely my own and do not represent the official position of YEI, a nonpartisan think tank that provides a platform for its researchers to share independent perspectives. To paraphrase Justice Robert H. Jackson’s famous opening address at Nuremberg, international law is an institution dedicated to the prevention and…
The Young Economist Initiative 