THE ECONOMICS OF EVERYTHING IV: THE UNKNOWN, THE KNOWN AND THE UNEXPECTED

Author: Joost Haddinga
Date: 22-09-2022

We have gone a long way from modeling the Wealth of Nations to modeling the behavior of people – at least partly and sometimes better than at other times. Is that everything or are there fundamental things that need to be discovered still? Further, will we ever be able to explain everything or will gaps remain just because of what the discipline entails? Even if not, following the topic is still necessary for everyone. We will end just as we began, with an outlook on how economics enters your own life – if you want it or not. So, let’s take a last deep dive into The Economics of Everything. This is the fourth of four parts of this mini-series.

tHE ECONOMICS OF EVERYTHING iii: tHE MATH

Author: Joost Haddinga
June 14, 2022

Nowadays Economics is Math, or at least Math for a good part. You can sure, what can be formalized is formalized, with rare exceptions – even behavior as much as possible. But the fathers of Economics would turn in their graves if they got to hear that and other today follow that same path: Economics as a social science, not a natural science. This battle between Mathematical Economics and Philosophical (or Behavioral) Economics deserves its own place, just as to resolve some old misunderstandings and bring some light into the darkness of who is right and who is wrong. So, let’s take a deep dive into The Economics of Everything. This is the third of four parts of this mini-series.

The Economics of Everything II: The Big Picture

Author: Joost Haddinga
June 7, 2022

Not everything is about you, even if we would like that. Sometimes others rule and decide, and still it affects us in different ways. Most of these decisions are abstract and might seem odd – at other times we do not understand why we deserve such good. On international floors a lot happens – again we meet markets, supply and demand and negotiations – and we try to make sense of it. So, let’s take a deep dive into The Economics of Everything. This is the second of four parts of this mini-series.

The Economics of Everything I: The Basics

Author: Joost Haddinga
May 30, 2022

Could you answer the question “what is economics actually”? Turns out, it is more than just “a study of the (optimal) allocation of scarce resources which have multiple uses – and that there is not even a final answer to that problem. Behavior, human qualities and biases, mathematics, philosophy, and sociology are all part of this study as well. The fundamentals are clear to most, though: Most have heard of Adam Smith as the grandfather of Economics, disregard the homo economicus as a useless prick, understand that somehow there are supply and demand (although the workings are not always clear) and that pure Economics are not Economics – and especially not life. So let’s take a deep dive into The Economics of Everything. This is the first of four parts of this mini-series.

Meet the board: chairman

Author: Shaye Olij
March 23, 2022

For the past 7 months, I have had the opportunity to be the chairman of study association Asset | Economics. In this blog, I will tell you more about this exciting experience and try to explain what this position is like. 

Meet the board: external affairs officer

Author: Lisa Meulblok
March 18, 2022

Are you interested in what it will bring you to be the External Affairs Officer of Asset | Economics? In this article, I will tell you all about what it entails to be the External and I will give you insight into my life as part of the board.

Meet the board: vice-chairman

Author: Tarn van Eijk
March 3, 2022

The main function of a Vice-Chairman of Asset | Economics is maintaining contact with members. In this article you will discover why a Vice-Chairman is extremely important in these times in combination with my activities and responsibilities.

An economic outlook on the new German government

Author: Joost Haddinga                                                                                                          February 18, 2022

The era of Angela Merkel (CDU) as a leading politician in both Germany and Europe has officially ended with her handing over the position of chancellor to Olaf Scholz (SPD). Now the question arises what will change in Germany, whether this change will have any influence on Europe or Germany’s economic relation or whether anything will in the end remain as it was under Merkel for the past 16 years.

Meet the board: secretary/external affairs officer

Author: Victor Westgeest                                                                                                        January 19, 2022

Hi all, my name is Victor Westgeest and this academic year, I am the Secretary/External Affairs Officer of Asset | Economics. As the Secretary/External Affairs Officer of the board, you have a variety of responsibilities and possibilities. In this article, you can read more about what these are! 

The reasons of rising inflation

Author: Joost Haddinga                                                                                                                    November 25, 2021

After years of low inflation and relative price stability we suddenly see rising prices again. Do we now have to fear the worst, are we on the brink of a new deep recession or is it a one-time event passing quickly? Let’s find out more about the reasons behind the currently increased price growth.

No more coffeeshop holidays to Amsterdam

Author: Ashita Khandelwal
June 1, 2021

It might be time for Amsterdam to bid farewell to cannabis tourism. The mayor of Amsterdam, Femke Halsema wants to ban foreign tourists from buying cannabis from coffeeshops in Amsterdam to tackle the nuisance and crime. But regulating the cannabis industry in Amsterdam requires careful thought.

The world of NFT explored

Author: Daniël Asselbergs
April 28, 2021

Many of you probably do not know what NFT stands for and what it’s uses are. Read this article to find out more!

Get to meet the two student parties

Author: Daan Schrage, Ivo Knorr & Daniël Asselbergs
April 13, 2021

The elections are very near, it will take place on the 28th, 29th and 30th of April. Representatives of SAM and FRONT are interviewed about what they would like to change within the university.

Let’s make the Netherlands green

Author: Ashita Khandelwal
March 23, 2021

When thinking about pollution you might think of countries like India and China. However, you might be surprised to find out that the Netherlands is also currently facing a big pollution problem. Major Dutch cities like Amsterdam, Rotterdam, the Hague and Maastricht all have air quality below European standards. When compared to other countries, Dutch carbon emissions are among the highest in Europe. We will take a closer look at where this pollution comes from and what we can do about it.

Interview with a Professor: David Schindler

Authors: Daan Schrage, Ashita Khandelwal & Daniël Asselbergs
March 9, 2021

We interviewed professor David Schindler, from the Economics faculty, about his current research, and his journey of becoming a professor.

Friedman was right; stakeholderism is still not the answer

Author: Bas van de Mortel
March 2, 2021

Corporate social responsibility is the focal point of this blog. Moreover, was Friedman right about whether firms should enforce CSR policies.

A Crypto World

Author: Ivo Knorr
February 23, 2021

The Bitcoin price has surpassed any previous all time high, while many thought that the 2017 peak would remain unchallenged. This article will cover the fundamentals of cryptocurrencies.

Winners in Corona

Author: Ashita Khandelwal
January 15, 2021

We are about to complete one year of living amidst this pandemic. As the country extends the lockdown period, numerous businesses have come to a near-standstill. Shopping streets remain empty, as the government is forced to close stores in order to maintain a grip on the virus. But, not everyone is losing out as a result of this pandemic.

A Christmas for the trees

Author: Ivo Knorr
December 18, 2020

Christmas is coming! Do you have a Christmas tree up this year? Read more about these trees in this Christmas themed blog article!

András Bohák: “The key to a finance job is good analytical skills”

Authors: Bas van de Mortel & Daniël Asselbergs
December 8, 2020

This weeks edition features an interview with an executive director of MSCI. András Bohák works in the Budapest office and provides us with insights and tips and tricks.

Running a study association during the Covid-19 pandemic

Authors: Marcel van Hoorn & Jeroen de Smet
November 26, 2020

A board year is a year that should always be an unforgettable time of your life. Due to the pandemic, everything is different compared to previous years. As the new board, we have been thrown into the unknown and need to decide what is best, despite having never experienced something like this and not being able to use playbooks from previous years. In this article we take a look at some challenges and opportunities that arise.

Eco Friendly vs. Budget Friendly

Author: Ashita Khandelwal
November 13, 2020

Sustainability is a trend now. Let’s do a quick cost and benefit analysis of replacing cheap products with the durable ones.

A recruiters’ perspective

Authors: Ivo Knorr & Daniël Asselbergs
October 29, 2020

The job market is more competitive than ever. We decided to interview a FrieslandCampina campus recruiter to get some extra knowledge about the job application process.

Why we need to rethink free trade

Author: Bas van de Mortel
October 20, 2020

At the start of the pandemic, the world panicked about the supply face masks running out. A few months later, the whole world panicked about the supply of medical ventilators. How could these problems arise in such a well-developed globalized economy? Does our system of free trade need to be reconsidered?

Partying or studying hard? The road to financial success

Author: Daan Schrage
August 2, 2020

If you are Dutch, you have probably heard the following statement in some form or another, be it from your parents, your uncle, or perhaps even one of your teachers: “Grades don’t matter, my employer has never asked to see my grade list.” The idea that, as long as you pass, the grades you received during your education will not impact your future career is one of the underpinnings of the Dutch “zesjescultuur” (“sixes culture”). But does this common wisdom of the Dutch actually hold true?

Interview with a member: Jasper de Groot

Today, you can read an interview about someone who has been a part of our association for a full year now. Namely, one of our beloved members of the freshmen committee: Jasper de Groot!

Opening borders: too soon or just in time for summer?

Author: Mike Schapendonk
May 29, 2020

Writing a new article today in the sun, my feet in a little swimming pool and slathered with sunscreen. All I can ask for is doing this at one of my favourite holiday destinations. A lot of countries are opening their borders for tourism, but is this the smart thing to do or is it too early?

Interview with a member: renee hekerman

May 14, 2020

For this month’s blog article, we have interviewed an alumnus of our association, namely our very own former Chairman; Renee Hekerman! Renee is currently a Corporate Finance trainee at FrieslandCampina, after finishing her Bachelor’s Economics and Business Economics in Tilburg and Master’s in Finance & Investments in Rotterdam.

Corona crisis in practice

Author: Mike Schapendonk
April 29, 2020

Hospitality employment agency Mise en Place went bankrupt, which caused thousands of students to lose their side jobs as a consequence of the corona crisis.