Author: Lukas Pietilä
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The animal kingdom’s role in shaping economic theory
Competition. Predatory pricing. Doves and Hawks. Bull and bear markets. Stock market whales. Black swan events. The keen-eyed reader will most likely have spotted the recurring theme between these common terminologies in economics and finance: animals and animal ecosystems.
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A case of failed politics
Last week, the Biden administration announced a wave of trade barriers aimed at Chinese manufacturers. The real casualty will be the climate.
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Visual guide to the euro area economy
The following data is sourced from either the statistical office of the European Union (Eurostat) or the ECB. The graphs and most of the text were originally created by the author for another work. A picture is worth a thousand words Finding the time to read the latest economic reports and analyses can be a…
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The economics of a €100 000 speeding ticket
Finland, home to one of the most progressive tax systems in the world. But how much is too much?
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Why central banks are so reluctant to cut rates
Should tight financing conditions that are thwarting economic growth be lifted? As inflation keeps plummeting, cutting rates is a question of «when», not «if».
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Near-zero rates not doing the trick? Try negative interest rates
Whilst most central banks in the world are flirting with cutting interest rates, last week the Bank of Japan (BoJ) raised rates for the first time in 17 years – leaving its negative interest rate policy behind.
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Antitrust: what it is and why you should trust it
Apple joins the long line of tech giants to fall trap to the EU’s antitrust regulations.
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Outthinking your competitors: cognitive hierarchy theory
At its core, economics is a study of complex systems. With its countless market players, variables and indicators thereof, economists attempt to draw patterns, untangle and predict the behavior of an incomprehensible net of interactions. To help explain and visualize economic theory, economists employ the principles of game theory. Game theory describes the motives that…
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Taiwan’s election is a tale of balance of (economic) power
Taiwan’s election results are in – Xi Jinping will not be happy. Late last evening in Taipei, Lai Ching-te emerged victorious in Taiwan’s high-profile elections (Jan 13th, 2023). The Democratic Progressive Party (DPP) led by first-time president Mr. Lai will remain in power, having won 40% of the vote. The DPP is seen as a…
Economitron 