Econs Good Reads

Paradox of Value

  Quote: “物以稀为贵” – 唐·白居易《小岁日喜谈氏外孙女孩满月- Do you know that it was Mr Bai from the Tang dynasty that first discovered the Paradox of Value instead of Mr Adam Smith? I happened to overheard a couple talking about this Chinese quote and decided to use an economic concept to describe why is this so. Do you …

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Economics Graduates having the highest lifetime earnings?!

A recent studies in United States have shown that economics graduate makes the most earnings as compared to banking/finance & engineering? “So why are econ grads so good at making it rain? Part of it is that the finance and consulting industries like recruiting them, not necessarily for their specific skills, but because they consider …

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