By Suyash Raghavendra When I recently went for a casual walk through a shopping mall with my family, something felt immediately strange. Aside from me and my brother, almost everyone browsing the stores looked to be in their forties or sixties. I remember thinking, Did young people suddenly stop caring about clothes? About trends? About shopping? Of course, they didn’t. They just stopped coming here. Teenagers still shop constantly—they just do it from their phones. Instead o

By Inaya Soni Can money really buy happiness, or is it just something people say? People have argued over this, saying that you need money in life to be happy, or money can help, but it isn’t what is mainly used to give you happiness. Many studies have explored the connection with money and happiness, while trying to figure out how different things can make us feel. This paper will look at how money can affect our happiness, and if there is a limit to how much money can give

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

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