Posts in Economics
Housing policies matter: Post-Neoliberal housing versus Investment

Rent and pollution by cities have been on the rise. Migration towards urban hubs has induced high demand putting pressure on a slowly increasing housing stock. As space becomes scarce, low-income tenants are pushed out of their homes. Post-neoliberal housing policies in Europe, specifically Berlin, attempt to reverse this trend. However, how can a city balance attracting investment for sustainable housing refurbishments and keep rents at a reasonable level?

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Bound by Irrationality: It's all in your head!

Emotions play a huge role in risk perception and decision-making. The article explores vaccine hesitancy, its present and history, along with its economic implications through the lens of behavioural economics. Cognitive biases such as the affect heuristic and the confirmation bias could explain the anti-vaccine sentiment during the initial phases of the pandemic as well as other irrational decisions that one might make at the mercy of the mind.

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What’s so Fishy about the Economics of Fishing?

Resource management has always been and still is an important part of policy-making in the economy in Canada. Like many non-renewable natural resources, the economics of fisheries can be sustainable if managed correctly… and Canada has been involved in both successes and total failures with fishery management. Perhaps we can draw on Indigenous knowledge and lessons from recent history to imagine and “sea” a future with sustainable fishery economics.

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The Workers Strike Back: How the Unexpected Behaviour of Labour During the Pandemic is a Grasp at a New Normal

As it continues to grow apparent that there may never be a return to the “normal” that existed before the COVID-19 pandemic. People are making choices to not return to their jobs, to take strike and bargaining actions, and to withhold their labour. It is vital to understand the context and motivations underlying the public behaviour.



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Bounded by Irrationality

The cognitive capabilities of our minds constrain us from being the ‘rational economic agents’ that mainstream economic models theorize us as. Exploring decision-making by governments and individuals during the pandemic, through the lens of behavioral economics, can unravel the many cognitive delusions that we fall prey to.

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