Future of Autopilot Cars in India
BY Vivan Mittal Autopilot cars have conquered the world in a brief time. Especially in the North American and South American countries. An autopilot car is a car that is capable of operating with reduced or no human input. Self-driving cars are fully responsible for all driving activities, such as scanning the environment, monitoring driving systems, and fully controlling the vehicle. Other benefits include smart parking decisions like self-parking capabilities in less exp
2 days ago3 min read
Who Really Pays for Cigarettes and Alcohol?
By Yohan Rakibe Few issues in public economics stir as much debate as the taxation of cigarettes and alcohol. Governments around the world impose heavy indirect taxes on these goods, often justified by both fiscal needs and public health objectives. Economists classify cigarettes and alcohol as demerit goods, meaning that consumption is considered harmful to both individuals and society. By taxing them, governments hope to discourage use, reduce negative externalities such as
Jan 314 min read
Ethics in Advertising: What ethical responsibilities do advertisers have toward consumers?
By Ryla Raj Advertising is the practice and techniques employed to bring attention to a product or service. Businesses may use celebrities, colorful images, statistics and more to help do this. Advertising, also known as a form of communication, plays an integral role in shaping our modern economy. It is an effective way to reach current and potential consumers all over the world through various media. Advertisers not only aim to influence and persuade consumers to purchase
Jan 123 min read
The Impact of Inflation on Daily Life: How Rising Prices Affect Consumers and Businesses
By Ryla Raj Inflation measures how much more expensive a set of goods and services has become over a certain period of time. Inflation is more than often caused by higher wages, increases in jobs and an increase in household incomes. This often leads to an arise in consumer spending, further increasing aggregate demand and the scope for firms to increase the price of their goods and services. While this is a normal part of any economy, excessive inflation can have serious con
Jan 43 min read
Why are International Trade and Protectionism so Important? When Have We Seen them Take Place?
By Arjun Shekdar International trade has long been a driving force of global economic growth, fostering innovation, efficiency, and prosperity through the exchange of goods and services across borders. Over time, many countries have benefited from open markets and free trade agreements, which reduce barriers and encourage competition. However, rising protectionist policies—such as tariffs, quotas, and subsidies—have sparked debates about whether these measures protect domesti
Dec 21, 20254 min read
Digital Currencies and Monetary Policy: Will Central Bank Digital Currencies Reshape Control Over Money?
By Arjun Shekdar We all live with and are familiar with money on a daily basis, be it cash, debit cards, or services like Venmo and PayPal. Now imagine your government's central bank printing its own official digital currency. Would this transform the way we make payments, the way our governments manage the economy, and the future of money? This is not some crazy idea—this is already underway. China has experimented with its "digital yuan," the Bahamas has a "Sand Dollar," an
Dec 7, 20254 min read
How the Gulf is Racing to Diversify Itself
What do the UAE, Qatar and Saudi Arabia have in common? Apart from sitting on massive oil reserves, they all have successful airlines serving hundreds of destinations worldwide. Qatar Airways and Emirates, the biggest players in the region, are considered some of the best airlines in the world in terms of service and quality. They enjoy active support from their respective states and serve all populated continents. They have played a major role in putting cities like Doha and
Nov 30, 20254 min read
