Category: International

Business and Technology, International

The Data Revolution: The Rise of a New Economy

The rapid increase in global data production that is currently taking the world by storm is by no means a recent phenomenon. Indeed, ever since the very earliest stages of mankind’s existence, data in some form has been the metric used to evaluate almost everything, from decisions regarding the implementation of new technologies to deciding on the most suitable design for a product. It is … Continue reading The Data Revolution: The Rise of a New Economy

Unknown's avatarThomas MarshLeave a comment
Economics, International

Does Government Spending Benefit the Economy?

‘Spend as much as you can’, urged the IMF at the start of 2021 in order to accelerate the global economy’s revival. Others argue that the economy should be left to its own devices – government intervention only creates havoc. Governments spend in a plethora of ways, but we must examine the effects of government spending, originally intended to directly benefit the economy. On the … Continue reading Does Government Spending Benefit the Economy?

Unknown's avatarPeter PanLeave a comment
Behavioural, International

Dan Ariely – Modern Behavioural Economics

Behavioural economics has taken the world by storm, aided by catchy and digestible books and superstar researchers. One of the most prominent contemporary figures in the field is Daniel Ariely, the current James B. Duke Professor of psychology and behavioural economics at Duke University. He has authored multiple best-selling books on his research, most famously his ‘irrational trilogy’ of Predictably Irrational, The Upside of Irrationality, and The Honest … Continue reading Dan Ariely – Modern Behavioural Economics

Unknown's avatarJohn Chang1 Comment
Behavioural, Finance and Markets, International

Forever blowing bubbles

Be fearful when others are greedy and greedy when others are fearful. – Warren Buffett Buffett uses this mantra every day, along with his two other ground rules for running his investment firm Berkshire Hathaway: So why does the 90-year-old legendary investor hold these core mantras? One possible answer can be found by considering the history of investment bubbles. One of the first recognised “bubbles” … Continue reading Forever blowing bubbles

Unknown's avatarOllie Weldon2 Comments
Economics, International

Price Controls on Essentials During the Pandemic

The phrase “time of crisis and shortage” is certainly applicable to the coronavirus pandemic; it refers to a period of difficulty where specific items cannot be obtained in sufficient amounts due to shortages in quantity supplied. This may encourage societal inequalities.  For example, in order to prevent a future lack of essential goods, higher income earners are better placed to “hoard” such goods, as the … Continue reading Price Controls on Essentials During the Pandemic

Unknown's avatarStanley GrewalLeave a comment
Economics, International

Interstellar Economics

In 1978 Dr Paul Krugman wrote a paper entitled The Theory of Interstellar Trade, supposedly to cheer himself up. Yet despite the self-described “silly” nature of the work, it contained serious analysis, and since being written has inspired several more works on the economic implications of interstellar travel. The chief issue that economists have grappled with is that of time dilation. In short, Einstein’s theory … Continue reading Interstellar Economics

Unknown's avatarMilo DennisonLeave a comment
Development, Finance and Markets, International, Podcast

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?

Unknown's avatarSachin ThakrarLeave a comment
Bitcoin symbol
Business and Technology, International

Can Blockchain Technology and Cryptocurrencies save the Internet of Things?

The world of technology and science is mutable and ever-changing. Therefore, businesses and the structure of society adapt to these developments in order to maximise profits: they are closely interconnected. The future of the internet is the Internet of Things (IoT), which is defined as “the interconnection via the internet of computing devices embedded in everyday objects, enabling them to send and receive data.” For … Continue reading Can Blockchain Technology and Cryptocurrencies save the Internet of Things?

Unknown's avatarNoah DornLeave a comment
Collection of factory chimneys puffing out smoke
Environment, International

Warming Worries for Our Economy?

We’ve all seen the countless articles in the news over the past year: ‘2020 tied for warmest year on record,’ NASA; ‘Earth at risk of becoming a hothouse’, CNN; ‘Rising seas will erase more cities by 2050’, The New York Times. Rising temperatures have had grave effects on our planet; but what has this meant for the world economy and how could this impact our … Continue reading Warming Worries for Our Economy?

Unknown's avatarWilliam SteelLeave a comment