Finance and Economics Society
The Rise and Rise of Income Inequality
Today, the world doesn’t face a wealth crisis but rather an income inequality crisis. Simply put, wealth is unequally distributed.
Finance and Economics Society
A Cost-Benefit Analysis of Pesticide Usage
Pesticides, in their modern form and perception, are any substances or chemical compounds utilized in pest management of any kind. Until the agricultural revolution, pesticides took the form of natural sulfur compounds or smokes to fight mildew and blight, after which saw the use of industrial by-products (i.e. nitrophenols, petroleum Read more…
Finance and Economics Internet and Technology Society
Challenges Online Crowdfunding Industry Faces Globally
Across the globe, online crowdfunding has allowed people to raise funds to pay for personal emergencies, provide aid to developing countries, support social justice and democratic movements, sponsor technological innovations, support educational initiatives, build orphanages, and fight legal battles— the list goes on. Online crowdfunding has emerged as one of Read more…
Finance and Economics Internet and Technology
The Rise of Online Crowdfunding in India
By Irfan Bashir and Ravina Banze When the ruling Indian government initiated a nationwide lockdown in response to the COVID-19 pandemic, without informing the public in advance, millions of people stared at the possibility of starvation. During those months, it was the grassroots network of NGOs combined with the power Read more…
Consciousness Finance and Economics Opinions
Econ 101: Defining a Rational (and Conscious) Agent
Economics is inherently a study of scarcity by determining the cause-and-effect relations between all sorts of things. Without scarcity, the need to quantify things and gather vast amounts of data wouldn’t arise. Lack of resources — and therefore the question of how to distribute them — provides an incentive to Read more…
Finance and Economics Internet and Technology Society
Crowdfunding Platforms and NGOs: A Match Made in Heaven
In India, online crowdfunding has emerged as an effective mechanism for many NGOs to raise funds for their operations. It has allowed them to raise funds through the social networks of both the platform and its donors. Often, the people who contribute to a campaign make their contributions known to Read more…