Practical Economics to Build a Flourishing World

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...

In conditions of true uncertainty… the value of the individual… comes from the existence of real options.

Latest entries
IMF Sees (some)  Light: Don't Repay Government Debt

IMF Sees (some) Light: Don’t Repay Government Debt

Nevinomics tries to see the good in most people and organizations. But I find it difficult to see much good in the IMF. The ‘Washington Consensus,’ in its application as economic reform policy that promotes market-driven economies for developing nations, for example, caused untold suffering around the world, particularly in Africa.1)While there is little consensus...
Andrew Interviewed on CNBC Africa: The Uber Revolution

Andrew Interviewed on CNBC Africa: The Uber Revolution

Andrew was interviewed about the Uber revolution on CNBC Africa. Click here to view: posted July 27, 2015.   Photo: Martin H: This file is licensed under the Creative Commons Attribution-Share Alike 2.0 Generic license. Although this is Andrew’s private blog, most “Press and Events” postings relate to his work with PwC, which is instrumental in...
PwC Blog Post on Ethiopia: From Famine to Feast

PwC Blog Post on Ethiopia: From Famine to Feast

Andrew recently co-authored a blog piece entitled, Ethiopia: From Famine to Feast . July 9, 2015, on the PwC Africa Upfront Blog.   Photo: FMSC Health and Humanitarian Aid Foundation. Creative Commons License. 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...
GAI: Guaranteed Annual Income

GAI: Guaranteed Annual Income

Poverty is fundamentally about a lack of cash. It’s not about stupidity. Erin Anderssen, Globe and Mail This is an idea – as the article says – that was debated in Canada in the 1970s. In fact, I remember the discussion from my childhood. But the oil crisis, stagflation, and general pessimism meant that by...
Andrew Interviewed on Channels TV: Nigeria: The Rocky Road Ahead

Andrew Interviewed on Channels TV: Nigeria: The Rocky Road Ahead

Andrew was interviewed recently on Channels Television’s Business Morning about how Nigeria can navigate the economic challenges it faces. Click below to view: Published June 3, 2015.   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....
Andrew Interviewed on CNBC Africa:  Three Scenarios for Nigeria

Andrew Interviewed on CNBC Africa: Three Scenarios for Nigeria

Andrew was recently interviewed on CNBC Africa about PwC’s three economic scenarios to prepare to address in Nigeria’s future. Click below to watch the interview: Published June 3, 2015   Photo: BrianJoelZink. Flickr Creative Commons License. Although this is Andrew’s private blog, most “Press and Events” postings relate to his work with PwC, which is instrumental...
Nevin Lead Author on PwC's Economic Scenarios for 2015 and 2016: Navigating The Rocky Road Ahead

Nevin Lead Author on PwC’s Economic Scenarios for 2015 and 2016: Navigating The Rocky Road Ahead

Click the link below to read the PwC white paper on Nigeria’s Economic Scenarios for 2015 and 2016. Lead Author: Andrew S. Nevin; published May 26, 2015 Quoted at energyglobal.com Quoted by JohnRhoda Africa   Although this is Andrew’s private blog, most “Press and Events” postings relate to his work with PwC, which is instrumental...
Our Malleable Preferences: Part 2

Our Malleable Preferences: Part 2

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. – Adam Smith The famous quotation from Adam Smith illustrates what is the defining feature of modern economics – the idea that economic exchanges lead to everyone’s being...
Andrew Interviewed on CNBC Africa: 2015 Nigerian Budget

Andrew Interviewed on CNBC Africa: 2015 Nigerian Budget

Click the link below to watch Andrew’s interview on CNBC Africa about the 2015 Nigerian Budget. Interview date: April 29, 2015.   Photo: 401K(2012). Creative Commons License. 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.
The Labour Market: The Greatest Market Failure Ever (Part 3)

The Labour Market: The Greatest Market Failure Ever (Part 3)

The excitement of vitamins, nutrition and metabolism permeated the environment.  – Paul D. Boyer In The Labour Market 2, I promised an explanation of the connection between employment and economic (and individual) Flourishing. The simplistic answer from economic orthodoxy is that by freeing up labour markets, we could solve this problem. But this view cannot...
Build Some Bloody Houses in Britain

Build Some Bloody Houses in Britain

The cause of homelessness is lack of housing.  – Jonathan Kozol I usually don’t use profane language in Nevinomics. I am Canadian, after all, and uphold our wonderful tradition of politeness globally. Sometimes this makes it difficult to get noticed in the cacophony that is Nigeria, but there you go. The British, however, are really...
Raising the Retirement Age: An Unconscionable Way to Soak the Poor

Raising the Retirement Age: An Unconscionable Way to Soak the Poor

It proposes, by means of old-age pensions, to help those who have reached the age of retirement to give up their jobs and thus give to the younger generation greater opportunities for work and to give to all, old and young alike, a feeling of security as they look toward old age.  – Franklin D....