Regardless of the benefits and drawbacks of fast fashion, it is important that we start living sustainably and use the right ingredients to make our clothing. The path we are on now will have long-term negative effects on the earth’s resources, resulting in waste in underdeveloped areas of the world, as well as other profound negative consequences.Continue Reading

Among other factors, the distribution of some $5 trillion of pandemic stimulus likely compelled the Federal Reserve to enact monetary policy to counter inflation. If financial tightening persists, investors might be urged to consider the long-term implications for the stock market in today’s post-pandemic world.Continue Reading

Macroeconomic theory suggests that without any outside intervention, the macroeconomy will self-adjust and return to its long-run state after short-term shocks. The decision for policymakers thus boils down to a cost-benefit analysis taking into account factors like intertemporality and risk tolerance — they can either wait and allow the economy to adjust organically, or sink resources into actively trying to stabilize the economy, taking on the risk of further destabilizing it.Continue Reading

With the FIFA World Cup Qatar 2022TM just around the corner, the quadrennial questions are, once again, swirling around the event and its economic practicality in a developing country that had to spend billions of dollars to construct the required, large-capacity stadiums and corresponding necessities. Will the broadcasting profits and tourism and publicity boosts ultimately result in economic profitability for the country, or will Qatar never overcome its initial construction and bribery costs?Continue Reading