Category: Economics

Economics-driven content, perfect for students and teachers alike. Highly accessible and open to all.

Business and Technology, Economics, Finance and Markets

AI and The Future of Finance

The Beginning – Discovering a Foreign Field: Samik Chandarana, now Chief Data and Analytics Officer at JP Morgan, never planned to enter the world of finance. His journey in fact began far away from the trading floors of London, in the vibrant music scene at Manchester University. Deeply involved in the techno genre, by the late 1990s, Samik and his friends even released an album, Loop 82 – The New Style Swing, which can still be found on Spotify today. Although music was his … Continue reading AI and The Future of Finance

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Economics, Geography, US

How Natural Disasters Can Disrupt Economies: Helene and Milton

Natural disasters bring about economic shocks that extend beyond immediate physical damage. Hurricanes Helene and Milton, which recently hit Florida, disrupted vital industries like energy and trade. These events have had ripple effects that impacted employment, consumer spending, and supply chains within the U.S. Given Florida’s significant economic role, these natural disasters reached beyond the national level, sending shockwaves through global financial markets. Insurance Market … Continue reading How Natural Disasters Can Disrupt Economies: Helene and Milton

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Development, Europe

Immigration in Ireland

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

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Economics, Long Read

Disinflation and interest rates: Battling with the Zero Lower Bound

Introduction The “Lost Decades” of Japan has been cited by economists and policymakers as an allegory to warn against heedless reduction in interest rates in the face of a worsening economic climate. During this period of economic stagflation triggered by its 1990 stock market crash and thus suffering from immense debt, the country was in desperate need to recover the economy from rapid deflation. As … Continue reading Disinflation and interest rates: Battling with the Zero Lower Bound

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Development, Economics, Geography

The age of depopulation – what will it do to our economy?

For centuries, discussions surrounding overpopulation and its potentially devastating effects on our environment, resources, and economy have dominated the field. However, a new phenomenon is beginning to attract people’s attention: depopulation. As birth rates plummet around the globe—in both high-income countries and low-income countries—our world may at some point see the first reduction in global population since the bubonic plague in the 1300s. A global … Continue reading The age of depopulation – what will it do to our economy?

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Development, Economics

Universal Basic Income: A Safety Net or a Growth Catalyst? 

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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Economics, Finance and Markets, Long Read, US

Robocab Revolution

The anticipated robotaxi platform from Tesla represents far more than an advancement in autonomous vehicle technology—it stands as a direct competitive threat to established rideshare leaders Uber and Lyft. Through its advancing Full Self-Driving (FSD) capabilities, which Tesla claims will soon reach widespread implementation, the company continues its mission to transform transportation through automation. The emergence of fully autonomous services poses sweeping implications for traditional … Continue reading Robocab Revolution

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Economics, UK

UK Productivity – JKP 2024

It is certainly true that UK productivity has hardly grown in the years since the Financial Crisis. It is also the case that the UK has performed worse than other developed economies. However, the reason for this relative under-performance does not lie with “total factor productivity” (the portion of outputs not explained by the amount of inputs used in production). In considering what strategies are … Continue reading UK Productivity – JKP 2024

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Economics, History

From Barter to Bills: The Evolution of Money

The word money emerged from the Latin ‘Moneta’, borrowed from the temple of Juno Moneta, the site of the then mint of Ancient Rome. It was Juno who constituted the Roman society’s paradigm of wealth. In this society where transactions were already conducted over monetary means, money was considered a true representation of its intrinsic value. That is, its worth was justified by the materials it was minted … Continue reading From Barter to Bills: The Evolution of Money

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Behavioural, Economics, Long Read

Sticky Wages and Prices

In times of economic uncertainty, why do wages and prices often remain ‘rigid,’ even as demand drastically falls or spikes? This phenomenon, known as ‘stickiness,’ is a central concept in Keynesian economics. The father of this section of economics, John Maynard Keynes, argued that without government intervention, mainly fiscal or monetary policies, the rigidity of prices can ’trap’ economies in high unemployment and slow growth … Continue reading Sticky Wages and Prices

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