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Game of Theories: John Nash and the Nash Equilibrium
game theory

Game of Theories: John Nash and the Nash Equilibrium

Ron Howard’s A Beautiful Mind paints John Nash as a brilliant yet troubled mathematical genius. The film portrays him as a man capable of the incapable, yet it fails to go into detail about what Nash theorised – and how extensively his theories describe the way the world works.   Nash’
Apr 20, 2016 3 min read
Why Free Trade?
Australia's economy: then and now

Why Free Trade?

“Every time one person freely trades with another, wealth increases”—that is, if you believe former Prime Minister Tony Abbott. [1] Somewhat surprisingly, Tony Abbott is correct—it is generally accepted that removing barriers to trade is beneficial. Given that free trade is hailed for its ability to improve living
Oct 1, 2015 5 min read
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