Decisions are something we have to be aware of and make every single day of our lives. Whether they are small, seemingly unimportant decisions like …
Understanding Risk for better decision making: creating our own Sharpe Ratios
The Macroeconomics Series (IV): Is unemployment really unavoidable?
Welcome back to the Macroeconomics Series! In this article, we are going to take a look at the last “big” concept that economists work with …
The Macroeconomics series (III): Inflation is not a monster
In our last article, we talked about inflation, economic growth and how output changes over time. We finished the article by saying that “inflation is …
The Macroeconomics Series (II): Inflation and growth
Our first article in this series on macroeconomics covered GDP (Gross Domestic Product). We made a distinction between nominal GDP and real GDP based on …
The Macroeconomics Series (I): Real GDP matters
Big figures sound scary. Our governments spend billions of euros/dollars/you name it every year in lots of different things. You might even know a few …
Work less, work Economic!
Have you ever wondered why your shifts look like they’re never going to end? Why your boss wants you to stay for a full 8 …
Who is The Economic Man?
As you may have noticed, the title of this website is “The Economic Man”, and its purpose is to help everyone become the best version …
The Pareto Principle: Why you shouldn’t focus on everything
I am sure you have heard the words “Pareto Principle” or “80/20 rule” at least once in your life. They are everywhere: productivity, business, how-to-do-more-this-year-100%-real …
Data Science and COVID-19: predicting the spread using R
No one is safe from the dreaded COVID-19 nowadays. We did not want to write about it, but there is so much to analyse, predict …
Understanding bubbles through student loans
Economic cycles are one of the most, if not the most, important things we need to know when studying all kinds of economic phenomena. They …