Universal Basic Income Written by: Hoo Chi Yang Introduction What if everyone is given an unconditional sum of money, without any means-testing or requiremen...

Economics of Sand – The Dollars & Sands Written by: Malvick Ong “Nothing is built on stone; all is built on sand, but we must build as if the sand were stone...

By: Brandon Sim In just over a decade, four companies, namely, Google, Amazon, Facebook and Apple (known as Big Tech) have completely revolutionised modern t...

Climbing Through Uncertainty: The Philippines By: Ibarra Jonel Mari Gabertan Inflation: A necessary evil? Inflation is a common term both in and out of the a...

Behavioural Economics in Healthcare Policy By Malvick Ong For all who took Econs 101, standard economic theory roots itself on the assumption that people are...

Minimum Wage Law In South Korea By Kim Tae Hwan Introduction In recent years, South Korea has reached the brink of political transformation. With the end of ...

RATIONALISING IRRATIONALITY By Ibarra Jonel Mari Gabertan Standard Economic Principle – Is there room for improvement? Traditional microeconomic theory consi...

The Economics of Ticket Scalping By: Amos Koh Have you ever been to a concert to watch one of your favorite bands perform? If so, how much did you pay for th...

THE PARADOX OF VALUE By Avantika Sen Diamonds are, preferably regarded as a status symbol, to adorn ourselves with. However, they are valued more highly than...

I-Scream, You-Scream, We-All-Scream Ice Cream, the divine food of the gods that was somehow discovered by man and then CONSUMED (almost every day, haha) by m...

Labor Productivity in China By Siming Xiao In the year 2010, China’s GDP was growing close to 2.4% [1] while the labor productivity was at 10%; 8 years later...

Train disruptions and their impacts on the economy by: Wong Wen Hao 2017 has not been a good year for SMRT. Besides multiple disruptions, engineers had to de...

Foreign workforce in Singapore, a Boon or a Bane to the Economy? by: Chen Xin Yong Introduction At the turn of the century, Singapore’s Gross Domestic Produc...

The Growing “Economic” Divide by Nick Lee According to Forbes, the combined net worth of all billionaires in 2017 is $7.67 trillion.[1] This is more than a tw...

The Rise of Behavioral Economics by: Amos Koh Khin Phong Modern-day economics has been widely debated about and criticized because they lack the element of h...