AI Phishing

As the World Locked Down, AI Went Phishing  The latest data from the Anti-Phishing Working Group (APWG), a global organisation dedicated to cybercrime prevention, shows that the number of newly discovered phishing sites jumped tenfold between 2020 and 2023, before dipping somewhat by mid-2024.  Even so, the total remains much higher than before the spike.  Phishing, in simple terms, is when online thieves pretend to … Continue reading AI Phishing

Cooperative Economics

People over Profits – the rise of Co-operative Economics in the UK  Co-operative economics is a system of business rapidly emerging in the UK, guided by principles of shared ownership, democratic governance, and the equal distribution of profits. Unlike traditional shareholder-driven enterprises, co-operatives – otherwise known as mutuals – prioritise the welfare of their members and the communities they serve. The two main categories of … Continue reading Cooperative Economics

The Malthusian Trap of Societal Collapse

Thomas Malthus introduces his theory of population growth, which examines the relationship between the size of a population and the sustenance available to support growth, in his work An Essay on the Principle of Population. Specifically, it posits that population growth can be modelled by a geometric progression and food supply growth by an arithmetic progression. In other words, assuming the abundance of food is beyond … Continue reading The Malthusian Trap of Societal Collapse

The TSMC and a Chinese Invasion of Taiwan

Chinese military action against Taiwan seems to grow increasingly likely by the day; the US intelligence community’s latest estimate believes a potential invasion of Taiwan could occur as early as 2027. The implications of military action in Taiwan would be devastating to US national output, because Taiwan houses much of the manufacturing capacity of a company that is key to the US economy: Taiwan Semiconductor … Continue reading The TSMC and a Chinese Invasion of Taiwan

News Briefing – 25/02/2025

World Economics: The International Monetary Fund (IMF) has issued a warning that increased global protectionism and tariff hikes will threaten world economic growth, highlighting that if tariffs hit a ‘sizeable swath’ of world trade by mid-2025, it would wipe 0.8% from economic output in 2025 and 1.3% in 2026. IMF’s top economist Pierre-Olivier Gourinchas has argued that increased tariffs are ‘harming basically everyone…including the US.’ … Continue reading News Briefing – 25/02/2025

Catastrophe Bonds

An Introduction to Catastrophe Bonds and the L3C   Catastrophe bonds (or cat bonds) are high-yield debt instruments used to raise money for companies in the insurance industry in the event of a natural disaster. A bond is a financial instrument in which the issuer (a government or company) sells bonds to investors, which gives the issuer capital, raising money. They pay the investor with regular … Continue reading Catastrophe Bonds

The Economics of Sport

Sports. We all love them – whether we are watching them, playing them or shouting at the TV like we can do any better. While most of us focus on the action itself, we often ignore the huge economic impact it has on the world. Obviously, the players are well compensated, with the ten highest-paid athletes in 2024 raking in a cumulative 1.38 billion USD. … Continue reading The Economics of Sport

Germany’s Far-Right

Alternative für Deutschland (AfD) is a far-right party driven by euro-scepticism and anti-immigration; the party is now radically shifting Germany’s political state. AfD has recently grown in popularity, catalysed by a combination of public dissatisfaction with the current political system, and endorsements from high-profile figures such as Elon Musk, who called out the party as Germany’s “last spark of hope”. As the country faces economic stagnation … Continue reading Germany’s Far-Right