Discover Modern Monetary Theory (MMT), a macroeconomic theory of government spending and debt management. Explore its implications on taxes, deficits, and resources.

Learn about homo economicus, its origins, significance in economics, and the challenges to its rational decision-making model by modern behavioral economists.

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The history of economic thought traces the evolution of ideas about production, distribution and exchange from antiquity to the present. Its narrative begins with early reflections on wealth in ...

Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...

Scotland—My recent travel in London and Scotland reminded me of my college days at the University of the Philippines School of Economics (UPSE) as I saw the statues of two great minds—Adam Smith and ...