India Is Slowly Evolving Into a Market Economy

May 26, 2021

India has come a long way since its independence from colonial rule in 1947. It started as a mixed economy where elements of both capitalism and socialism coexisted uneasily. Jawaharlal Nehru, India’s first prime minister, was a self-declared Fabian socialist who admired the Soviet Union. His...

Is Bitcoin the New Coal?

Apr 22, 2021

In February, Tesla announced it had purchased $1.5 billion in Bitcoin and would soon accept the cryptocurrency for car purchases. While bolstering Elon Musk’s crypto cred on Twitter, the move has a serious climate impact. Tesla prides itself on being the green car company,...

Armenia’s Economy and Foreign Relations

Apr 20, 2021

Tracing the Economic Growth of Poland

Apr 06, 2021

Lebanon Hits a New Milestone

Mar 05, 2021

On March 2, the Lebanese lira (or pound) eroded even further into becoming a failed currency, if there is such a thing. From an official exchange rate of 3,900 pounds per US dollar for importers and manufacturers of essential food items, the “cost of scarce dollars hit 10,000 Lebanese pounds on...

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