Category Archives: blog

Tracing the Footsteps of Economic History: Unraveling Key Events, Theories, and Transformative Forces

Welcome to a captivating journey through the annals of economic history. In this exploration, we will unravel the intricate tapestry of events, theories, and transformative forces that have shaped the economic landscape we know today. Brace yourself for a thought-provoking adventure as we delve into pivotal moments like the Great Depression and the Industrial Revolution, and uncover the profound impact of technological advancements on our economy. Through this exploration, we aim to provide profound insights and a deeper understanding of the forces that have shaped our societies and guided human progress.

A one euro coin placed on top of a backdrop of various old currencies.

As we navigate through economic history, we gain valuable perspectives on the consequences of our actions, the importance of prudent policy-making, and the potential for innovation and growth. By unraveling the tapestry of economic history, we strive to chart a course toward a more equitable, sustainable, and prosperous future where the lessons of the past guide us toward a better tomorrow. Join us on this journey of discovery as we uncover the rich complexities that have shaped our economic world.

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Why behavioral economics helps us understand human behavior better than traditional economic models.

Some of these studies surprised me. What did they have in common?When people are given six flavors instead of 24, they’re more likely to buy jam.

Real estate agents were surprised when they inspected a property and found that it was worth $14,000 more when the seller had listed it for sale at $149,900 rather than $119,900If children are playing an enjoyable game and then receive a reward when they win, they may lose interest in playing the rest of the game once the reward is no longer available.

When people see others consuming less than them, they tend to consume less themselves. If you flip a coin six times, most of us would agree that HHHHHTTT is less likely than HTTHTHT. However, most of us would be wrong. Managers underestimate the intrinsic motivation of their employees

All these studies have been presented as ones conducted by behavioral economists, but in reality they were done by psychology researchers.

This is a common misconception. As an economist who won a Nobel Prize says, “when it comes to policy decisions, applications of social or psychological research are now commonly referred to as ‘behavioral’ economic.”

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PornHub discloses which countries access pornographic sites the most

There is no doubt that pornography is one of the biggest sources of profit on the Internet, but have you ever stopped to think how much time a person usually spends accessing this kind of content?

Pornhub, one of the largest adult entertainment sites in the world, has conducted a survey to define some interesting numbers.

According to the studies, the regions that spend more time watching HD Porn are the ones that are in green on the map below, that is, China, Madagascar Island, the Philippines and some countries in Africa, such as Nigeria, Botswana and Cameroon.

These regions usually spend 13 to 17 minutes on pornography sites.

Map of the countries that access pornographic sites the most, according to PornHub

Countries highlighted in yellow or orange spend an average time, from 9 to 13 minutes. Among them are the United States, Canada, Mexico, Colombia, Paraguay, Venezuela, Australia and most countries in Africa.

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Let’s take a closer look at what defines the Millennial Generation

How is this key demographic reimagining the contour of social, political, and economic engagement?

Millennials are people who were born roughly between 1981 and 1996. Their formative years were during the early 2000s also known as the turn of the Millenium.

Gen Y (also called millennials) are an interesting generation because they’re so different from previous generations.

Let's take a closer look at what defines the Millennial Generation
Two Millenials laying on the floor

This new generation is redefining the rules of interaction with both the world outside themselves and within themselves.

Every generation tends to think they’re happier than previous generations were. “Those were the days” is not an unusual phrase used in everyday conversations.

The younger generation too may have its own ways of doing things that may not be accepted by the older generations.

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This is the world’s most addicted country to pornography

Google Trends compared the total of searches for the words ‘porn’ and ‘pornography’ among several countries in the world and the conclusion is that Papua New Guinea is a leader in the search for pornographic content, according to AFP.

The country, which has less than eight million inhabitants and low Internet use, beats all the others in the search for pornography.

Eight of the 10 leaders in the search for pornography are developing countries

With the proliferation of smartphones, the consumption of pornography has increased a lot among young people, explains sociologist Michael Flood of Wollongong University, Australia.

“You’re on laptops, on telephones, they see them in their rooms and they may even be on the street watching – I’ve seen this situation,” he says.

List of the 10 countries that most look for pornography:

  • Papua New Guinea
  • Zimbabwe
  • Kenya
  • Botswana
  • Zambia
  • Ethiopia
  • Malawi
  • Uganda
  • Fiji
  • Nigeria