The greatest assets we Homo sapiens possess are survival and adaptability skills. In the coming future “Survival would be a locked challenge and sustainability is the only key”. The fact that we need to demand a right underlines the existence of issues related to survival and resource discrimination. The right of the future generation can […]
Gresham’s Law states that “bad money drives out good”. This law is as old as the nineteenth century when metal coins started replacing silver shillings in the markets of England. Another relevant example for this law would be crypto currencies if offset with paper currencies and other modern non-digital modes of money. As crypto currency […]
Last week there was a deluge of opinions in the media on GDP levels and predictions for the future. It has become such a popular economic indicator to measure growth, that its limitations have been all but forgotten. In the backdrop of the COVID 19 pandemic and the ensuing lockdowns, the significant role played by […]
Economic cost is the combination of losses of any goods that have a value attached to them by any one individual. Economic cost is used mainly by economists as means to compare the prudence of one course of action with that of another. The factors to be taken into consideration are money, time, and other […]
