Germany’s economy – Sick or Tired?

It is well documented that Germany’s post world war recovery was remarkable, facilitated by the Marshall Plan (America’s post-war economic aid package to Europe) and its ordoliberal approach to the economy. By the Fall of the Berlin Wall, the economy of West Germany was the world’s second largest. Despite post-war fragility and economic stagnation in the 1990s, under the guidance of Angela Merkel Germany’s economy … Continue reading Germany’s economy – Sick or Tired?

The Second Space Race

“We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard”. Those were the words of John F Kennedy in 1962 at the dawn of the Space Race. In the previous year, the USSR had shocked the world by sending the first man into space. Uncle Sam was worried that his dominance was being … Continue reading The Second Space Race

The New Deal: How it reshaped the American economy 

The New Deal was a set of domestic policies that was based on the theories of John Maynard Keynes and enacted under President Franklin D. Roosevelt. It expanded the role of the federal government in the economy by creating a wide range of programs which offered economic relief to the suffering, regulated private industry, and grew the economy.  Even though it was implemented in response to … Continue reading The New Deal: How it reshaped the American economy 

The IPL: A blessing or a curse?

The Indian Premier League (IPL), founded by Lalit Modi and the Board of Control for Cricket in India (BCCI) in 2007, has been a huge asset since for world cricket. Its fast-paced, explosive, shorter format of the game, known as 20/20 cricket, has taken a sport criticised for slow, actionless entertainment and transformed it into something consumable and enjoyable to watch. The sheer scale of … Continue reading The IPL: A blessing or a curse?

The Psychology of Investing

It is only recently that the concept of human nature has been applied to economics, yet its impact can be seen everywhere. Contradicting traditional economic theory, it is believed now that human nature is intrinsic in every action we take from the small scale to the large. The recent GameStop trend was fuelled by individual investors taking an opportunity to turn a profit and retaliate … Continue reading The Psychology of Investing

Sovereign Wealth Funds: Asset or Liability?

A Sovereign Wealth Fund (SWF) is a fund managed by the state and comprised of income generated from the government’s surplus reserves. SWFs have been an important aspect of the economic landscape for almost two decades, and their numbers have increased dramatically since the 2008 Financial Crisis, with over 100 funds controlling nearly $8 trillion in assets globally. Many Sovereign Wealth Funds have enjoyed great … Continue reading Sovereign Wealth Funds: Asset or Liability?