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economics

A decentralised solution

Did you know that there are still more than 700 million people in the world who live in extreme poverty? These people must scrimp, starve, and struggle to survive off less than $1.90 per day. By 2030, the World Bank estimates that more than 90 percent of those people will be concentrated in Sub-Saharan Africa. […]

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Crypto Mining

Modern-day Profit Hunters

Dealing with Cryptocurrency has its interesting dynamics. There are, however, many hidden facets making it still a mystery to the masses. Not knowing about it makes you prone to, get rich-schemes or outright scams. We are all by now aware of the mania caused by the soaring prices and then, the subsequent decline that followed

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Can’t Get No Satisfaction

In economic terminology, the term “utility” has not much to do with multifunctionality nor completing specific useful tasks. It does in context, relate to the level of satisfaction or “completeness” one derives from the consumption of a product or service. For example, there is only so much pizza you can eat before feeling ill from

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Criminal mindedness

One fundamental and often ignored view within economics is that humans have the propensity to display irrational behaviour in the decision-making processes. Based on this notion, one can conclude that we have a fundamental tendency to act corruptly and be generally criminally-inclined except maybe the virtuous few. How advanced our economy or society is, depends

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InternationalTrade

The fuss about trade disputes

What does a small-scale farm-holding, two presidents, some tech companies, and their respective local currencies all have in common? The answer might be obvious if you have been paying attention to the so-called trade war between China and the US in the news lately.But why is it of concern and what are the far-reaching implications

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Nine Reasons Why Globalization Can’t Be Permanent

We spoke about globalization in an earlier post on some general terms – citing that it has taken a different shape or evolved. This article below however, delves deeper and highlights on nine reasons why this evolution will be forced to happen. It is so well written, it covers all salient points and asks all

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Piggybacking on company shares

It is clear that the business of share trading and its intricacies still create a dark cloud for many of you. This is, however, a rather unnecessary element of sophistication. It is only fair to, therefore, delve in and break it down by discussing not just the way to trade, but the whole point of

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