On Aug. 15, 1947, British colonial rule in South Asia officially ended. The four independent states that eventually emerged in its place — India, Pakistan, Sri Lanka, and Bangladesh — all faced urgent ...

Institutional economics studies how formal rules, informal norms and organisational structures influence economic behaviour and outcomes. It departs from the assumption of fully rational actors by ...

Incentives lie at the heart of many world-changing economic theories. From saving money, to weight loss, to career advancement, to parenting, there are countless goals we can achieve in our own lives ...

“There is nothing as practical as a good theory,” social psychologist Kurt Lewin wrote in 1951 in his book, Field Theory in Social Science. His point was that a sound theory is not an abstract luxury.

Economic uncertainty, like we are living through right now, can make regular purchasing decisions challenging. Even more so decisions around big life moments, like changing your job, buying a house or ...