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Tag Archives: economics

Bukalasi SS economics students fail to turn up for UACE

Bududa, Uganda | THE INDEPENDENT | Three senior six candidates of Bukalasi Secondary School in Bududa district failed to show up on Monday for their Economics paper on day one of the Uganda Advanced Certificate of Education Examinations-UACE. The Uganda National Examinations Board (UNEB) began conducting UACE for all A’ level candidates beginning …

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Three revolutions economics needs

The underlying causes of current crises point to a need to reshape how economics is taught and practiced COMMENT | Edmund S. Phelps | Project Syndicate | The West is in crisis – and so is economics. Rates of return on investment are meager. Wages – and incomes generally – are …

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First pineapple farm opens in Gaza

Khan Yunis, Palestinian Territories | AFP |  Pineapples are being harvested in the Gaza Strip for the first time as part of efforts to help the impoverished Palestinian territory work towards food self-sufficiency. The fruit, for domestic sale, is grown in a 1,000 square metre greenhouse in the southern Gaza …

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Venezuelans vote in crucial regional elections

Caracas, Venezuela | AFP | Venezuelans headed to the polls Sunday in regional elections seen as a crucial test for President Nicolas Maduro and the opposition alike after months of deadly street protests failed to unseat him. Public opinion surveys predicted that the opposition would win a majority of state …

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US’s Thaler wins Nobel for ‘making economics more human’

Stockholm, Sweden | AFP | US economist Richard Thaler won the Nobel Economics prize on Monday for showing that economic and financial decision-makers are not always rational, but mostly deeply human. Bridging the gap between economics and psychology, Thaler’s research focuses on behavioural economics which explores the impact of psychological and …

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COMMENT: Economics and economic crises

COMMENT: By Paola Subacchi Once seen as modern witch doctors with exclusive knowledge, economists are now despised `experts’ Is the economics profession “in crisis”? Many policymakers, such as Andy Haldane, the Bank of England’s chief economist, believe that it is. Indeed, a decade ago, economists failed to see a massive …

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Contract theory earns pair Nobel Economics Prize

Stockholm, Sweden | AFP |  Two US-based academics won the Nobel Economics Prize on Monday for groundbreaking research on contract theory that has helped design insurance policies, executive pay and even prison management. Oliver Hart, a British-American economist, and Bengt Holmstrom of Finland “have developed contract theory, a comprehensive framework …

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