“Growth for the sake of growth is the ideology of the cancer cell” – Edward Abbey, The Second Rape of the West, 1975. In the above quote, Abbey refers to the shrinking wilderness of his beloved Arizona, industrialised by resource extraction and urban expansion. However, such a statement goes far beyond wilderness: when economic expansion is the common goal, it damages the very foundations that … Continue reading When Growth Fails
Mapping India’s Economy: Where It Is and Where It’s Going “India’s economy is likely to stand firm in an uncertain world”, according to Goldman Sachs. Recently, the nation’s economic climb has been amid the centre of global discussions. Their $3.7 trillion GDP has now surpassed the UK, ranking fifth largest in the world. The quote deduces that in a world of corrupt governments and economic … Continue reading Mapping India’s Economy
The economic theory suggests that when central banks cut interest rates, bond yields decline. Interest rates are the annual return investors receive from a bond. If the central banks issue new bonds at a lower rates, existing bonds – which yield a relatively higher return – will be received with higher market demand, thereby driving up bond prices. Consequently, their yield, defined as the quotient … Continue reading The US Bond Market Puzzle: Higher Yields Amid Cuts
We’ve all heard of the video rental giant – Blockbuster. Its Founder David Cook opened nearly 10,000 global stores and generated billions in annual revenue. Yet in the early 2010s, the name disappeared from high streets, with its last corporate-owned store shutting in 2014. How did a company that dominated its industry fail so spectacularly, and more importantly, how can companies today learn from its … Continue reading From Blockbuster to Bust: Lessons for Companies Facing Innovation
As the world faces mounting environmental challenges, green parties have become influential players in shaping climate-focused policies. Defined by their commitment to finding solutions to climate change and promoting sustainable growth, green parties advocate for strong shifts in energy, transport and the industrial sector. From Germany’s Bündnis 90/Die Grünen to Ireland’s Green Party, their influence has grown significantly over the last few years; but how effective have their … Continue reading Green Parties
The UK bond market is hitting the decks. Rising yields on gilts (UK Government bonds) are resulting in surging borrowing costs for the government; these developments are generating concerns about the country’s fiscal stability and reducing investor confidence. With the pound weakening against the US dollar and questions mounting over fiscal policy, the impact of the bond sell-off has widespread impact both on UK finances … Continue reading Bond Market Turmoil: Behind the UK’s Latest Gilt Sell-Off
Shelter and Society: Ireland’s response to the migrant surge Ireland’s immigration situation has significantly changed in the recent years, and the country is now confronting an increasingly urgent challenge: the nation’s housing, public services, and social cohesiveness are being seriously threatened by the sudden spike in migration, intensified by international crises like the war in Ukraine and the sudden increase in the number of refugees … Continue reading Immigration in Ireland
Introduction: Universal Basic Income (UBI) is a policy proposal that provides all citizens with a regular, unconditional cash payment, replacing or supplementing welfare programs and simplifying aid distribution. The idea has emerged as a captivating yet controversial policy, gaining the interest of all sides of the political spectrum. Its appeal is that it could play two complementary roles: an income floor for all, regardless of … Continue reading Universal Basic Income: A Safety Net or a Growth Catalyst?
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