The Psychological & Economic Effects of ‘Wifeism’
Last week, I overheard a woman pray for a baby girl. She concluded her deluge of prayers with “You will be great. You will be the wife of ..
The Economic Consequences of Adultism in Nigeria
Age is an important factor when it comes to social hierarchy in a society. It determines when an individual is deemed mature enough to dri..
The Economic Consequences of Emotions, Superstitions and False Assumptions
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Economics is about making decisions based on the limited options and resour..
Time Discounting Model: Why Some Nigerians Cheat Others
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A few months back, my car refused to start, so I called the regular mechanic. ..
Systems & Incentives: Changing the Mindset of a People
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On the Jabi highway, I saw a man nearly get hit by a car while attempting to c..
The Cobra Effect: Incentivizing Violence in Nigeria
So I’m not going to argue on the politics behind handing out amnesty in Nigeria. That’s not what this blog’s for. This blog was made to an..
Anchoring Effect: The Mechanism Behind Haggling
Think about Mechanics, Tailors, Carpenters, Plumbers, Hairdressers, Cloth sellers in the Nigerian informal market. What’s the one thing th..
A Guide to Understanding Basic Economic Terminologies in Nigeria
I was watching TV and realized that people kept misusing some basic economic terms! So, here’s a list to help Nigerians who’ve forgotten t..
The Economics of Taxi Prices in Nigeria
Ok. I take cabs/taxis a lot in Abuja,Nigeria and they can easily burn your trouser- not a hole in your pocket-your whole trouser. It is bl..
Welcome!
Hello fellow Naija peeps and anyone interested in my rants on how Economics helps explain many decisions Nigerians make. From the name, on..