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Economics – the art of flawed logic

An oft quoted proverb in Pakistan is that politics is about the art of the possible - a proverb that has usually been used to mainly justify an alliance between…

Economics – the art of flawed logic

An oft quoted proverb in Pakistan is that politics is about the art of the possible - a proverb that has usually been used to mainly justify an alliance between…

Over-correction is bad economics

The day the Khan administration took over the reins of government on 20 August 2018 the budget deficit was under 6 percent of Gross Domestic Product (not at a danger…

Economics of wars

“All war is a symptom of man’s failure as a thinking animal,” John Steinbeck. Wars are dangerous, costly, destructive and inhuman. Yet history shows how they are a political indulgence…

Neoliberal Economics: The Challenge Within

Neoliberal economics: the challenge within

As a rule, our political parties have their heads in the clouds when it comes to contending with fiendish economic problems. Not surprisingly, economic issues take a backseat in political…

Economics of fear

Behavioural economics has more to do with proving that real world humans are polar opposite of the economic man; while the latter is supposedly obsessed with maximising utility in a…

The Economics Of Influence

The economics of influence

In recent years, there has been a consistent increase in Chinese trade with and investment in South Asia. It has been argued that smaller states South Asia have welcome China’s…

Rethinking Economics

Rethinking economics

Nobel laureate Professor Joseph Stiglitz had made a rather telling comment during a seminar some years ago. Stiglitz had said that the recent world economic crisis had done to the…

The Economics Of CPEC

The economics of CPEC

In a country where negativity and cynicism reign supreme, critics and detractors of all kinds are revered, and emotional outbursts and fabricated stories dominate the air waves and social media,…

Marriage between politics and economics

The marriage between politics and economics is well acknowledged and like all good marriages it is a win-win situation for all stakeholders. However, while the rest of the world defines…