A True Prisoner’s Dilemma

Banks are no strangers to controversy – we only get a glimpse of their colossal levels of errors of judgement during times like the great financial crash of 2008. Most … Continue reading A True Prisoner’s Dilemma

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Crypto Mining

Modern-day Profit Hunters

Dealing with Cryptocurrency has its interesting dynamics. There are, however, many hidden facets making it still a mystery to the masses. Not knowing about it makes you prone to, get … Continue reading Modern-day Profit Hunters

Can’t Get No Satisfaction

In economic terminology, the term “utility” has not much to do with multifunctionality nor completing specific useful tasks. It does in context, relate to the level of satisfaction or “completeness” … Continue reading Can’t Get No Satisfaction

Criminal mindedness

One fundamental and often ignored view within economics is that humans have the propensity to display irrational behaviour in the decision-making processes. Based on this notion, one can conclude that … Continue reading Criminal mindedness