A selection of our best articles, hand-picked by past editing teams.
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
“Brazil is the country of the future, and always will be”, so goes the adage that has haunted Brazilian citizens for decades. Despite boasting one tenth of the world’s fresh water, untapped forests and significant deposits of precious minerals, the Brazilian economy has struggled to fully employ the natural resources it has been blessed with, leaving many wondering whether it will ever achieve the position … Continue reading Brazil – Country of the Future
Last year humans emitted 550 times their combined weight in CO2. These 33 billion tons are twice the number required to keep global warming under the 1.5°C mark agreed at the 2015 Paris Agreement. Continue reading Can Carbon Trading Solve our Emissions Crisis?
On January 1st 1999, the EU unveiled their new currency to the world: the euro. A currency that was supposed to promote economic growth, stability and integration, it has now become the scapegoat of the EU’s failures. Amid growing Euroscepticism and division by way of the pandemic, has a currency that was supposed to sow unity between European nations actually caused tragedy? Originally, the euro … Continue reading Should the EU Abandon the Euro?
A city whose name is synonymous with skyscrapers, luxury apartments, and residential villas, Dubai’s economic success has greatly depended on its ability to attract a large number of foreign residents, who make up 85% of the population. These individuals are encouraged to buy or rent property in the city, feeding a market which makes up 13.6% of the emirate’s GDP. However, property prices have fallen between … Continue reading The Dubai Property Market
What do a Serbian football team, the Kremlin and Germany’s former chancellor have in common? They are all directly linked to Gazprom, a Russian natural gas company whose logo is gradually cropping up all over European football. Logo sponsorships aren’t just commonplace in football, they’re practically omnipresent. Even historic holdout Barcelona caved in 2011, plastering the Qatar Foundation across its kit. Clubs make an enormous … Continue reading Putin, Pipelines, and Football Finance
In the wake of the 2007-2008 financial crisis, the UK underwent sweeping budget reforms, and almost every government agency saw extensive cuts. Alistair Darling announced in the start of 2010 plans by the Labour government of cuts “deeper and tougher” than Thatcher’s in the 1980s, and when the Conservative party was elected that year they made those cuts a reality. Yet a decade on, what was … Continue reading Lessons from Austerity
In the midst of a global public health emergency, Iceland has fared exceptionally well amongst Western nations, with only 1,804 reported cases and 10 deaths. Twelve years ago, however, the story was very different; Iceland was facing collapse as a result of a Wall Street contagion, another pandemic that would expose the fundamental weaknesses of deregulated financial systems. Within a week, the entire banking sector … Continue reading Unregulated and Unchallenged: Iceland’s Banking Saga
Described as the Land of the Rising Sun, Japan has experienced unparalleled levels of economic growth and infrastructural development. Yet, one might be taken aback to discover the socioeconomic circumstances which have swept Japan away. Thence it is obligatory that one should understand how Japan could transgress its expectations if, at one point, superseding the United States to having fallen to a level of battling … Continue reading Land of the Rising Sun
Ever since the dawn of mankind, pandemics have been a threat to our survival. From the Justinian Plague to the Polio epidemic, one only has to look back through history to see examples of devastating diseases ravaging populations. Now, in the 21st century we face another pandemic: Covid-19 has killed thousands and disrupted the lives of billions more, and there is extreme uncertainty about the … Continue reading Can Past Pandemics Predict the Future?
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