MKO: Humanist, reparationist, president who did not preside
BY ANTHONY KILA. The late philanthropist, businessman and politician, MKO Abiola, is by all standards an unforgettable person and
Of John R. Hicks, oil subsidy and ‘Compensation Principle’
BY ANTHONY KILA There is an original assumption that was very clear and generally accepted from the 18th to the 20th century, but
Robert Giffen: An exception to the demand rule in economics
BY ANTHONY KILA As a discipline, one of the most impactful achievements of economics is making practically everyone that went through
Milton Friedman, Free market champion who fathered ‘Shareholder Theory’
ANTHONY KILA Generally speaking, thinkers and scholars are driven by and seemingly obsessed with a desire for a higher truth, an
Léon Walras: The whole economy through General Equilibrium Theory
BY ANTHONY KILA “We have to know what we want to do. If we want to harvest in the short term, we need to plant carrots and
Friedrich August Hayek, A modern Knight of free market libertarianism
BY ANTHONY KILA In the summer of 1975, a few months just after she won her elections as leader of the Conservative Party, the future
Vilfredo Pareto; A mathematical response to problems in economics
BY ANTHONY KILA One of the major differences between those that studied or applied economics in the 18th and 19th century and those
Adam Smith: Accidental economist for market economy, laissez-faire system
BY ANTHONY KILA Adam Smith died 232 years ago in 1790 at the age of 68 in Scotland where he was born. Many agree in describing him as
Arthur Cecil Pigou, The welfare economist’s quest for a fairer society
BY ANTHONY KILA In the secular world, there are very few personalities or thinkers able to combine the feat of getting fame and
The accidental fatherhood of Marxism in David Ricardo
BY: ANTHONY KILA David Ricardo is one of those thinkers whose ideas are widely studied by all but whose name is rarely mentioned in