Gentrification: the double-edged sword

Gentrification is often held as a sign of economic progress, improving living conditions, and a worthwhile use of public and private funds. As most world economies are now recovering steadfastly from the impact of COVID, projects from London to Seoul have promised to gentrify lower-income neighbourhoods, revitalizing previously derelict communities, increasing the tax base, and improving public safety. Yet, whilst gentrification is widely considered an … Continue reading Gentrification: the double-edged sword

WW2 bombers in sky

Bust to Boom: How the American economy thrived during WWII

The USS Gerald R Ford, the USA’s latest aircraft carrier, took more than eight years to build. In contrast, by 1945, the US Navy finished the production of an aircraft carrier every week. The US was the only allied country to emerge from the war with its economy not only intact but thriving, and the only economy which saw an expansion of consumer goods despite … Continue reading Bust to Boom: How the American economy thrived during WWII