economics

The Ph.D. in Economics at Sapienza University of Rome—offered through the Department of Economics and Law—is one of Europe’s most rigorous and research‑intensive doctoral programs. Designed for highly motivated students with a strong passion for advanced economic theory, quantitative methods, and empirical research, this four‑year program provides a transformative academic journey that prepares g…

Standard economic theory, built exclusively on instrumental rationality (means-end calculation for material efficiency), cannot explain the explosive growth of the digital social economy nor resolve the persistent Solow paradox: massivecomputing & AI investments have failed to deliver corresponding productivity gains; to address this, we develop a new ontological foundation for economics based on…

This paper takes the Turing computability boundary as a meta-axiom and constructs a unified dynamic general equilibrium framework of human-machine symbiosis. We first provide a rigorous mathematical definition of the Universal Turing Machine (UTM) using the standard seven-tuple structure, establish its equivalence to recursive functions and finite formal axiomatic systems, and prove that all cont…

Rapid advances in artificial intelligence have reignited two fundamental questions: what constitutes the irreplaceable core of human economic capacity, and what anchors economic value when automated systems can perform most routine cognitive and physical tasks. Canonical task-based models, relying on ad-hoc ex-post classifications of routine versus non-routine work, cannot explain the observed 15…

The "Solow Paradox of the AI Era"—exponential computing power growth amid slowing global productivity—remains unexplained by standard growth frameworks, which uniformly treat AI as an advanced production tool and implicitly assume formalized computation can replicate all human economic capabilities. We argue this assumption is fundamentally flawed: all digital systems are trapped in the "Turing C…

At first, On-Demand pricing feels like the perfect cloud model. No commitments. No forecasting. No long-term risk. Just pay for what you use. Simple. Until the workloads stabilize and the monthly bill starts looking unnecessarily expensive. That’s usually when teams begin looking at Reserved Instances and Spot Instances more seriously. But the article explains something important: Choosing betwee…

Trump’s second term has revealed that Washington’s policy response to such a crisis will be misguided and full of chaos A bona fide financial crisis has not broken out since the US housing meltdown of 2007. Even the Covid pandemic and subsequent upsurge in inflation didn’t lead to financial upheaval. The jitters produced by the collapse of Silicon Valley Bank in 2023 were soon forgotten. Given th…

Bonus scheme that could hand CEO a £60m windfall is ‘significantly out of line’ with market, says proxy adviser Investors in Metro Bank are being urged to vote against the lender’s pay report next month, in protest of a complex bonus scheme that shareholder advisers say is “significantly out of line” with market standards. Institutional Shareholder Services (ISS), which issues voting advice to so…

This is the Monday deep-dive — one mechanism, examined closely. Suppose a trading agent needs to post collateral, and the asset it wants to post is Bitcoin. That is a reasonable thing to want: BTC is the deepest, most liquid collateral asset in crypto. The problem is that Bitcoin the chain cannot run the contract logic a collateralized position needs — no expressive smart contracts, no objects, n…

USDA ERS forecasts U.S. net farm income at $153.4 billion for 2026, a nominal decline of $1.2 billion (0.7%) from 2025 The post USDA ERS Forecasts Slight Decline in U.S. Net Farm Income for 2026 appeared first on iGrow News .

Under government’s price cap typical gas and electricity bills are forecast to rise by £209 from this summer Ministers face growing calls to cut utility bills as millions of households in Great Britain face energy cost “anxiety,” with gas and electricity costs forecast to rise to almost £1,900 from this summer. The typical dual-fuel bill is expected to climb by nearly 13% under the government’s e…

IntroductionGlobal medicine use rose 14% in 5 years, causing waste, financial loss, environmental damage, and limited access to therapies. Re-dispensing unused medications is possible, subject to legal and safety restrictions.ObjectiveTo estimate the economic cost of medication waste, characterize patient-related determinants associated with waste, and assess the potential for re-dispensing based…

Out-of-pocket health care spending is an inefficient and inequitable financing mechanism, as it reduces household well-being and can push families into poverty. This study estimates the impoverishment associated with out-of-pocket health care expenditures in Peru between 2010 and 2021 and identifies the factors associated with such impoverishment. Using microdata from the National Household Surve…

This study aims to analyze the influence of financial knowledge, financial literacy, and financial technology on the performance of Micro, Small, and Medium Enterprises (MSMEs) in Jakarta. MSMEs play a crucial role in Indonesia’s economic growth; however, they still face various challenges related to financial management, low levels of financial literacy, and limited utilization of digital financ…

Call for crackdown as finance linked to corruption, tax evasion and money laundering is estimated at 10% of GDP At least £325bn worth of dirty money is flowing through the UK every year, according to research that is sparking concerns about funding for state investigators and the government’s push into crypto assets. The figure is equivalent to more than 10% of UK GDP and includes illicit funds l…

Security Implications of Rapid Tokenization: Lessons from Hyperliquid’s HYPE ETF Surge The recent surge of Hyperliquid’s HYPE token, which hit a new all-time high following the launch of two HYPE ETFs in the U.S., highlights critical considerations for developers building tokenized asset platforms. This event underscores how fast growth, driven by tokenization of stocks, commodities, and pre-IPO …

Global prices are approaching a tipping point that could trigger inflation, shortages and, over time, recession If a US-Iran deal is about to be reached, three months on from the launch of Donald Trump’s Operation Epic Fury, it will not be a day too soon for oil markets, which are approaching a dangerous tipping point. The cost of a barrel of crude on the spot market – for immediate purchase, eff…

Urvashi Bisani, O.P. Jindal Global University ABSTRACT Corporate governance has long been structured around the principle of shareholder primacy. The doctrine, famously articulated by Milton Friedman in 1970, that a corporation’s sole legitimate purpose is the maximisation of shareholder profit. This paper challenges that orthodoxy. Drawing on stakeholder theory, comparative corporate law, and th…

This paper outlines the definitive doctrinal architecture of Cyber-Statism, a socio-political and economic framework formulated by Patlolla Sai Srinivasa Reddy. Moving beyond the limitations of historical planned economies and rejecting the chaos of market capitalism, Cyber-Statism establishes a monolithic, single-party Vanguard State modeled on Leninist organizational principles. Private and col…