Google AI
The Times Australia

Times Media

Borrowing from King Solomon, economists are getting closer to working out how good leaders can make good decisions

  • Written by: Richard Holden, Professor of Economics, UNSW
Borrowing from King Solomon, economists are getting closer to working out how good leaders can make good decisionsJennifer Wallace/Shutterstock

Here’s a story from the Bible. As far as I know, it’s the first reported instance of the branch of economics known as “implementation theory”.

It’s from the First Book of Kings, Chapter 3, starting at Verse 16.

Two women came before King Solomon with two babies, one dead and one alive.

Each...

Read more: Borrowing from King Solomon, economists are getting closer to working out how good leaders can make...

Times Magazine

SpaceX changed spaceflight. Now China is proving reusable rockets are the new battleground.

When SpaceX first landed a Falcon 9 booster vertically on a floating drone ship, many experts desc...

Hybrid, Plug-in Hybrid or Electric? Understanding the Differences

Buying a new car has become more complicated than choosing between petrol and diesel. Today's buye...

What Is Fatphobia? Understanding the Debate

The word "fatphobia" has become increasingly common in discussions about health, body image and so...

Technology

SpaceX changed spaceflight. Now Chi…

When SpaceX first landed a Falcon 9 booster vertically on a floating drone ship, many experts desc...

Local News

Fremantle Ports to trial project to…

Fremantle Ports has partnered with Byssal and DevelopmentWA to trial an innovative nature-based pilo...

Culture

Cyclosporiasis outbreak in the United States:…

Thousands of cases of cyclosporiasis have been reported across the United States in what health au...

Travel

Why Vietnam's Ancient Cave Region Is Bec…

For years, Phong Nha in central Vietnam has attracted adventurous travellers drawn by its spectacu...

The Times Features

Property Taxes: The Ripple Effect Beyond Housing

Property taxes are often debated in terms of house prices, affordability and government revenue. Y...

The Term Deposit Market Explained: How Banks Set Intere…

For many Australians, a term deposit is one of the first investment products they encounter. It is...

Could It Be Cheaper to Start Again? The Real Cost of Fu…

Moving house has long been associated with removal trucks, heavy lifting and the challenge of fitt...