Thursday, 9 August 2012


Welcome to Schoolonomic, the blog where thought-provoking commentary of contemporary economic phenomena is combined with bits and pieces of various economic whatnots, ranging from sport managers to Hollywood economy, from Adam Smith to Keynes and Friedman and much more.



2009 was a year of miraculous growth and prosperity.
Well, not for the world economy, of course – that already took its official nosedive along Lehman Brothers back in 2008, on September 15th – but for the blogosphere. According to Technorati, the blogosphere has grown from 112.8 million to 133 million that year, a whopping increase of 18%. And before you discard these numbers as bogus, consider that the survey says that 46% of bloggers started to write more about the economy. We are all turning to experts, right?

Well, apparently not. Out of all those blogs, only a fraction gets updated regularly – 1.5 million blogs weekly, a mere 1.1 percent. Out of these, 16% post about business/finance, leaving a mere 0.176 percent in the roster – and suddenly, quality blogging about economics doesn't seem that 'mainstream' anymore.

Why create this blog?

Even though a financial crisis has been raging for the past 5 years and people without a deeper knowledge of economics have been struggling to understand the events and developments of the crisis, as well as unravel the complex history of the seemingly always contradicting economic theories. Schoolonomic wishes to do just that – providing thought-provoking, understandable commentary on contemporary economic events, as well as discussing everyday situations and experiences related to the field of economics, ranging from the success of the Oakland A's to student catering, from the Facebook generation to blog reviews and much, much more.

About the author

My name is Robert, and I am an 18-year-old secondary school student living in Budapest, Hungary. Having always been interested in contemporary economic development, and more recently, theoretical economy, I decided to share my thoughts and ideas from a perspective that is distinctive from most blogs discussing economics, while also trying to appeal to the broader public, hopefully creating a mutually memorable experience. 

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