In Economics Rules, Dani Rodrik maintains that ‘imaginative empirical methods’ — such as game theoretical applications, natural experiments, field experiments, lab experiments, RCTs — can help us to answer questions conerning the external validity of economic models. In Rodrik’s view they are more or less tests of ‘an underlying economic model’ and enable economists to … More Dani Rodrik and the ’empirical turn’ in economics (VII)
The nineties marked the .com bubble while the 2000’s marked the app and e-commerce revolution. For those entrepreneurs in search of the next big thing, here it goes a small tip. 3D printing is quickly gaining momentum, and as all new technologies do, it is expected to rock every aspect of our daily lives. While … More The next tech revolution is upon us
The term ‘entitlement’ is often used in political discourse to refer to welfare and social net ‘handouts’ that create debate among liberals, realists, socialists and postructuralists alike. These debates focus around the issue of fairness considering that some people work ‘harder’ than others. However, I would like to dissect this term from the definition that … More At what level does the culture of entitlement becomes morally wrong?