PostsCommentsPayoutsretaliatorr (53)in Project HOPE • 4 years agoPortefolio Diversification - Why it's so important and how it works!Diversification is one of the best ways to minimize risk, without having to lose returns by buying insurance.retaliatorr (53)in Project HOPE • 4 years agoDisasters and Insurance - Protecting ourselves from the WorseIn this post, I'm going to explain what types of Insurance are available to you!retaliatorr (53)in LeoFinance • 4 years agoThe problems with Insurance - Moral Hazard and Selection BiasInsurance I talked about Insurance in my last post , but, in short, you can think of it as any imaginable way of minimizing risk, either by doing it yourself or by…retaliatorr (53)in Project HOPE • 4 years agoPreventing Risk - How Insurance WorksJust like we saw in my last post, every single decision we make carries with it some risk. So, how can we minimize it?retaliatorr (53)in LeoFinance • 4 years agoRisk - Why nothing is risk-free and how to compare different Risks!Risk Risk is also a board game "the possibility of something bad happening" ( Cambridge Dictionary ) It's always present. Every decision, project, or investment carries…retaliatorr (53)in Project HOPE • 4 years agoFinance is a Tool - What does that mean for Society?Economics, Kahneman & Tversky, The Value Functionretaliatorr (53)in LeoFinance • 4 years agoWhy your Happiness can't increase foreverHappiness As we have explored in my last post , happiness is influenced by many factors, namely material and psychological ones. But, even if all the inputs would put…retaliatorr (53)in LeoFinance • 4 years agoHappiness and Money - How does Money influence happiness?Happiness and Money In classical economics, it's assumed that humans have unlimited wishes, we always want more things. But, with psychology getting better at…retaliatorr (53)in LeoFinance • 4 years agoHow effective is Foreign Aid? - Is it worth it?Foreign Aid Foreign Aid is international help sent by richer countries to developing countries. It is intended to help them grow and invest in their own economies'…retaliatorr (53)in Project HOPE • 4 years agoHow do immigrants affect the economy?People migrate inside their own countries and between countries for various reasons, the main one being to simply try to have a better life.retaliatorr (53)in DBuzz • 4 years agoHey, just found out about Buzz!Hey, just found out about Buzz!retaliatorr (53)in LeoFinance • 4 years agoWhy do taxes exist??Taxes Taxes have been a part of human society from the beginning of time, from the Roman Empire to the Egyptians. But, nowadays, what purpose do they serve, beyond just…retaliatorr (53)in Project HOPE • 4 years agoHumans live longer! Now what?That said, what are the main problems with increasing Earth's population?retaliatorr (53)in #economics • 4 years agoGoneWhat are the main problems with increasing Earth's population?retaliatorr (53)in Project HOPE • 4 years agoHow does Universal Heath care work?How does Universal Heath care work? Whether you agree with it or not, Universal Health Care is common in our world.retaliatorr (53)in Project HOPE • 4 years agoHow are salaries decided?A post about Salaries. Includes Labor Market, Monopsony, Efficiency, Unions.retaliatorr (53)in LeoFinance • 4 years agoHow Framing changes what we think!Framing Framing describes how a human, with exactly the same information, can end up arriving at two different conclusions. You might think this impossible, but some…retaliatorr (53)in LeoFinance • 4 years agoIrrationality and Emotions - 'The Ultimatum' gameThe Game Setup You enter a BTC lottery. After a few days, you discover you lost BUT you were chosen as Player 2. Intrigued by what this means, you go back to the lottery…retaliatorr (53)in LeoFinance • 4 years agoWhy are we sometimes irrational?Rationality When talking about economics or investing, we can assume that people are mostly rational, in the sense that: For two different investments with the same…retaliatorr (53)in LeoFinance • 4 years agoHow Oligopolies rule our world:What's an Oligopoly? An Oligopoly is a market where only a handful of companies sell a specific good or service. Usually, this means their products and prices are very…