Practical Economics to Build a Flourishing World

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Flourishing and the Velocity of Money

Flourishing and the Velocity of Money

Hae-Joo led me to a stylish cafe platform. He bought a styro of starbuck for himself and an aqua for me. He explained that under Enrichment Laws, consumers have to spend a fixed quota of dollars every month, depending on their strata. Hoarding is an anti-corruption crime. -David Mitchell1)David Mitchell, “An Orison of Sonmi –...
Who can manage their own lifetime risk – return of the $6 million dollar man?

Who can manage their own lifetime risk – return of the $6 million dollar man?

If the German retirement system had added as many years to the retirement age as we added to the overall life expectancy over the past century, the official retirement age would stand at around 95 years rather than 65 years. – Patrick M. Liedtke on Bismarck’s pension trap 1)Patrick M. Liedtke, “From Bismarck’s Pension Trap to...
The Labour Market: The Greatest Market Failure Ever - Part 1

The Labour Market: The Greatest Market Failure Ever – Part 1

“I became an actor by accident.” – Christopher Walken Yao Ming is 7 feet tall and weighs 141 kilos (at least during his playing days). He is China’s most famous sports hero, was the first Chinese player in the NBA, and an 8-time All-Star for the Houston Rockets. It is pretty likely that Yao Ming...
Optimized Competition

Optimized Competition

Whatsoever therefore is consequent to a time of war, where every man is enemy to every man, the same consequent to the time wherein men live without other security than what their own strength and their own invention shall furnish them withal. In such condition there is no place for industry, because the fruit thereof...
Purpose of Nevinomics

Purpose of Nevinomics

Nevinomics is a series of economic writings that explore the most fundamental issues in economics and societies in order to re-conceptualize old approaches to better express the relationship between economic theory and economic reality. The practical objective of Nevinomics is to suggest steps and policies to create better and more resilient economies that lead to stronger societies...
Nevin Lead Author on PwC Executive Summary on Revitalizing Corporate Japan

Nevin Lead Author on PwC Executive Summary on Revitalizing Corporate Japan

Andrew was part of the editorial team for PwC’s recent executive summary: Revitalizing Corporate Japan: A Prescription for Growth Download the entire document here.   Although this is Andrew’s private blog, most “Press and Events” postings relate to his work with PwC, which is instrumental in developing his thinking for the blog.