Economy – Perikles Vrouvas

What can companies do during a recession?

Business Strategy, EconomyJune 18, 202578Views 0Likes 0Comments

Economic recessions can be challenging for companies as they bring declining consumer spending and increased competition for business. However, there are steps that companies can take to weather the storm and emerge from the recession stronger. This article will explore what research suggests on what companies can do during a recession. Focus on core competencies…

5 main ways to fight inflation

Economy, Politics, UncategorizedJune 18, 202542Views 0Likes 0Comments

Inflation is a persistent increase in the general level of prices of goods and services in an economy over a specific time. It is a significant economic issue that affects the purchasing power of consumers, the profitability of businesses, and the overall financial stability of a country. In this article, we will explore what research…

The patterns of an economic recession

Business Strategy, Economy, PoliticsJune 17, 202545Views 0Likes 0Comments

An economic recession is a period of a significant decline in economic activity, typically lasting at least six months. It is characterized by decreased Gross Domestic Product (GDP), employment, and consumer spending. Recessions can significantly impact households and businesses, so understanding the patterns of economic recessions is essential for policymakers and investors. In this article,…

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Embracing the Irrational: Principles of Behavioral Economics

Business Strategy, Economy, Psychology-Personal DevelopmentJune 17, 202557Views 0Likes 0Comments

Introduction Behavioral economics is an interdisciplinary field that combines insights from psychology and economics to understand human decision-making better. Contrary to the traditional economic model, which assumes that individuals are rational and utility-maximizing, behavioral economics considers the cognitive biases and heuristics that can lead to suboptimal decision-making (Mullainathan & Thaler, 2000). This article will explore…

Bank Runs and the Domino Effect: How One Bank’s Crisis Can Impact the Financial System

Business Strategy, Economy, PoliticsJune 17, 202557Views 0Likes 0Comments

Introduction Bank runs have historically caused significant disruptions in the financial system, with the potential to trigger widespread panic and economic instability. This article examines the factors that contribute to bank runs, their impact on other banks, and the potential consequences for the financial ecosystem. Understanding Bank Runs A bank run occurs when many depositors…

Regulating or Deregulating Markets: A Delicate Balance

Economy, PoliticsJune 17, 202584Views 0Likes 0Comments

Introduction “To regulate or not to regulate?” to paraphrase Shakespeare. This dilemma has troubled economists, policymakers, and business leaders. Whether governments should intervene in markets or let them function with minimal interference depends on the specific context and the desired outcomes. This article explores the advantages and disadvantages of regulation and deregulation and the delicate…