In a “stag hunt” game, multiple hunters must cooperate each other to successfully encircle and hunt a stag.
Imagine a world with no scarcity; a world with no externalities. Imagine that resources are unlimited and our actions have no consequences on our surroundings.
When a pestilence caused the deaths of more than half of the population of Milan in 1846, it was evident that a clean and well-designed urban environment would be essential for human welfare.
“When a number of flute players are equal in their art, there is no reason why those of them who are better born should have better flutes given to them; for they will not play any better on the flute, and the superior instrument should be reserved for him who is the superior artist”.
On February 3, 2020, Huoshenshan Hospital, an emergency specialty field hospital covering an area of 34,000 square metres and containing 1,000 beds, opened its doors for the treatment of Covid-19 patients in Wuhan, China.
The Rule of 70, sometimes also referred to as the Rule of 72 or Rule of 69.3, is a method for approximating the number of years it will take for a number to double, given its annual growth rate.
The coronavirus pandemic has bluntly exposed how a large number of people across the world are susceptible to health and economic shocks.
Throughout the world, governments of various countries are taking extraordinary measures to deal with the crisis created by the COVID-19 pandemic.
An episode in UNICEF Bangla-desh’s popular cartoon Meena, the protagonist’s cousin Rita, a 15-year-old girl receives a proposal to marry the village shopkeeper’s son.
In Satyajit Ray’s 1980 dystopian film “Hirok Rajar Deshe” (Kingdom of Diamonds), the king used several measures, such as high taxes, forced labour and brain-washing, to maintain a stranglehold on his people.
It was his last semester before graduation. Yet Ernesto Guevara decided to postpone the completion of his medical degree, and instead embarked on an audacious adventure.
A woman is seen squatting on the ground in front of a large pile of garbage. She is holding a baby whose face appears over her shoulder.
Let us do an exercise. Clench your fist, and then gently loosen your fingers a little.
Interest rate is a much-talked-about issue as far as savings and investment are concerned.
The lift-operator is a peculiar person. He sits on a stool inside a small, claustrophobic space. In the olden days his job required quite a few skills.
Urbanisation is escalating worldwide. Hence cities are becoming increasingly crucial in dealing with climate change. According to UN Habitat, cities contribute to 70 percent of global greenhouse gas emissions whilst occupying only two percent of the world's land.
The word “economics” originates from the Greek “oikonomikos”, which roughly means management and care of the household. From this etymology, it may appear that women, who are often in charge of managing and caring for the household, would be highly regarded in the discipline of economics. Yet in conventional economics, the unpaid housework of women is completely disregarded.
In Satyajit Ray's 1980 dystopian film Hirok Rajar Deshe (Kingdom of Diamonds), a diamond miner accused of tax evasion is brought to the court of the king. The miner pleads for the king's mercy, as he confesses that he is too poor to pay taxes.