Although there have been many movies where people travel to the future, it never seemed plausible in real life. Despite the fact that we can’t (yet) pull off what Marty McFly does in Back to the Future, using physics and mathematics, chaos theorists can somewhat anticipate what will happen next.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
Flight delays and cancellations are plaguing the air travel industry at an alarming rate—and no one is doing anything about it. So today, let’s pull back the curtain on the airlines in disarray and discover why we are in our current predicament and what we must do to fly above the fray.Continue Reading
The COVID-19 has, unequivocally, triggered a global crisis comparable in size to historical precedents such as the Great Recession of 2008. While the two may be similar in their ramifications, the current crisis differs significantly from the 2008 crisis. This article discusses noteworthy insights for policymakers and investors alike. Continue Reading
MercadoLibre is commonly referred to as the ‘Amazon of Latin America.’ Both an online marketplace and a payments platform, the company operates in a region with tremendous potential, one that has yet to undergo a digital transformation of retail. In this article, Community columnist Aditi Somayajula explains why MercadoLibre is one to watch.Continue Reading
New York is the flagship city that is a microcosm for greater housing trends in the United States. The mass influx of young people entering New York has created a mega-city with mass urbanization efforts keeping up with a rapidly growing population.Continue Reading
Countries must take actions that foster international ties and should not restrict them—especially at a time when a global pandemic has shown that the international economy cannot exist without multilateral cooperation.Continue Reading
Furnishing an apartment for the first time doesn’t always have to be a headache! Although the pandemic has made furnishing more difficult and costly, you can improve your experience by planning ahead with a few helpful tips in mind. Continue Reading
Contactless payments have taken the world by storm, with its boasted efficiency and how it makes it easy for customers to purchase products with one less step in the process of transactions. Learn more about the intricacies of contactless payments, and how they will impact consumers, businesses, and the overall society from a macro perspective.Continue Reading