Beggar thy neighbor policy is an economic policy which aims to boost the economy of a country, while worsening the economic conditions for another country.
Read moreTag: Adam Smith
- cognitive bias
- Daniel Kahneman
- Amos Tversky
- status quo bias
- law of small numbers
- ppp
- Moral Hazard
- Gesetz der großen Zahlen
- the halo effect
- The Economist
- daniel kahnemann
- Purchasing Power Parity
- exchange rate
- gambler's fallacy
- income inequality
- the gambler's fallacy
- 20:20 ratio
- The Sunk Cost Fallacy
- wealth inequality
- Law of Large Numbers eli5