economy

2025 Nobel Prize in Economic Sciences

The 2025 Nobel Prize in Economic Sciences was awarded jointly to Joel Mokyr, Philippe Aghion, and Peter Howitt for their pioneering work in explaining how innovation drives long-term economic growth. Their research offers a profound understanding of how societies progress from stagnation to sustained prosperity through technological change, scientific advancement, and institutional adaptation. Joel Mokyr’s […]

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Affection Economy vs Transactional Economy

In today’s world, success in trade, innovation, and value creation no longer depends solely on capital or scale. It increasingly hinges on how skillfully communities are curated, kinships kindled, and cohorts nurtured. Cohorts, kinships, and communities are the real building blocks of cooperation. They provide the trust, emotional capital, and shared identity that lubricate markets,

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