Pakistan News

    Lahore School Of Economics Gulberg Campus

  • Two restaurants sealed in Gulberg

    LAHORE: The Punjab Food Authority (PFA) sealed on Saturday two more renowned restaurants in Gulberg, as many on Multan Road and a food production unit in Shalimar Town for flouting pure food regulations...

    According to officials, a Gulberg town-based PFA team headed by Farah Athar sealed Domeno Hut and Mandarin Chinese restaurant on the Main Boulevard...

  • Traffic mess in and around Gulberg

    LAHORE: Thousands of people got stranded on various roads and even streets, mainly in Gulberg area on Wednesday after police completely barricaded the Main Boulevard to prevent a rally by some religious outfits...

    The roads affected by the gridlock included Shadman, Jail Road, Canal Road, Ferozepur Road, Husain Chowk, Centre Point and some side roads in Gulberg...

  • Richard Thaler of US wins Nobel Economics Prize

    US economist Richard Thaler on Monday won the Nobel Economics Prize for his pioneering work bridging the gap between economics and psychology, the jury said...

    “His empirical findings and theoretical insights have been instrumental in creating the new and rapidly expanding field of behavioural economics, which has had a profound impact on many areas of economic research and policy...

  • Richard Thaler wins Nobel for work in behavioural economics

    STOCKHOLM: The Nobel prize in economics was awarded on Monday to Richard Thaler of the University of Chicago for research showing how people’s choices on economic matters whether on savings or game shows like “Deal or No Deal” are not always rational...

    1-million) prize for “understanding the psychology of economics,” Swedish Academy of Sciences secretary Goran Hansson said on Monday...

  • EIDUL AZHA: THE ECONOMICS OF SACRIFICE

    “Be careful! Don’t step on the dung!” my guide warns me as I make my way through the cattle enclosures...

    Besides watching your step, a day at any of the markets for sacrificial animals is spent watching the four-legged creatures munching away on their assortment of fodder as you look for the best bargains among them
  • Smokers’ Corner: Economics of spirituality

    ‘Folk Islam?’ Yes, Folk Islam — the strand of faith that still drives the everyday lives of millions of Pakistanis, especially in the country’s vast rural and semi-rural areas...

    And yet, till about 35 years ago, its social and cultural dynamics were intertwined with large segments of the country’s urban milieus as well
  • John Nash’s unique approach produced quantum leaps in economics and maths

    Nash is most famous for his research into game theory, the maths of decision-making and strategy, since it was this work that led to his being awarded the 1994 Nobel in economics...

    The mathematician Mikhail Gromov once said: “What [Nash] has done in geometry is, from my point of view, incomparably greater than what he has done in economics, by many orders of magnitude...

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