Consumption Binge: A facade

Written by Ruth D’Souza and Ayushi Ghosh | Edited by Drishti Rana and Ashna Ranade For: Although the word binge is often seen in a negative light, being portrayed as a sign of over indulgence of excess, the consumption binge doesn’t necessarily work the same way for the economy. A simple calculation of consumption is…

Consumerism, a hoax? : Case Study on Walmart

By Atiyah Krishnan | Edited by Ashna Ranade “Save Money. Live Better.” This is the tagline of the biggest retailer in America, Walmart. It was founded in 1962 by Sam Walton. Walton spent a lot of time in the local supermarkets back then in order to determine their business strategies. He would stay at the…

Technology and Globalisation is destined to drive up Inequality

By Shania D’Souza and Kushi Naidu | Edited by Drishti Rana and Kripa Jalan FOR Globalization and Technology go hand in hand when it comes to inequality.  Let’s delve into this, by breaking it down into 2 areas – Rising inequality and Unequal Skills.  So, why is inequality increasing? One of the problems of increasing…

The Rise of the Jangmadang

By Aashni Rebello | Edited by Samarth Khanduri ‘Pyongyang claims to have successfully tested a nuclear warhead,’ ‘7 public executions in the past decade for watching K-Pop,’ ‘60% of North Koreans live in extreme poverty.’  Bombarded with these headlines, it is hardly surprising that the rest of the world sees North Korea as a dark…

The Booster Shot

by Ruth D’Souza | Edited by Drishti Rana In a world of ideas, creativity is a beacon but it does not stand alone. Even more important than coming up with an idea, is the funding that backs this idea. Innovation is nothing, if not backed with funds. The source of backing ideation is not hard…

Pharmaceutical Industry: From Nowhere to everywhere

By Aman Kayal | Edited by Kripa Jalan The pharmaceutical industry, a highly volatile one, has always attracted investors looking for long-term investing. With the rise in the number of the world’s daily COVID cases, the world’s focus has diverted towards the pharma companies, with the hope that they would come up with a new…

Currency: How much can a country actually print?

By Nikita Monis | Edited by Kripa Jalan Can a country print as much currency as it wants? The short answer to this question is a yes; but if so why would they want people to pay taxes? or why would there be a concept of debt or shortage in any case? And if they…

Shrinkflation: Sneaky or Not?

By Ashna Ranade Every Indian child would have fond memories of having Parle G biscuits, Dairy Milk Chocolates or Maggi Noodles. The prices of these infamous junk items, which start at INR 10, have been the same for all these years. Certainly, over a period of time, as manufacturing costs rise, so should the selling…

Record-High Inflation in the United States: How it happened

By Abhinav Nath Jha | Edited by Ashna Ranade Inflation is a term  that we as Indians are pretty much used to. Wholesale price indices keep fluctuating in India, as a result of which we see an increase in prices of goods such as vegetables, dairy products and edible oils. Yet, inflation is not an…

Climate Change Necessitates Interplanetary Expansion

By Aashni Rebello and Abhinav Nath Jha | Edited by Nisha Gokhale and Samarth Khanduri Many people have the wrong impression that inter-planetary expansion is an expensive ‘escape’ from earth’s problems. In reality, it is a way of diversifying human footprint and a long-term means of survival. Space exploration can aid us in solving some…