The Economic and Political Consequences of Automation

Once a futuristic dream, automation in 2021 spans virtually every industry. Robotics and artificial intelligence (AI) have now advanced into the retail and transportation sectors, as well as finance, energy management, and more. Among the bulk of its applications, machine…

COVID-19: Can Fiscal Support Exacerbate Economic Inequality?

The political left is usually the quickest when it comes to claiming the moral high ground. Since the beginning of the corona crisis, it is where you can find fervent supporters of fiscal packages aimed at saving entire industries from…

South Africa’s misguided COVID-19 pandemic response, as it charts fifth highest cases in the world….

South Africa, a country well-known for its transformative Constitution that contains the ‘Bill of Rights’, which protects the rights of the people inside the country and succinctly defines the role and limited powers of public institutions and office-bearers is now…

Global GDP to Decrease by $43.274 Trillion in 2020, if Covid-19 Pandemic Persists for Half a Year.

The Global economy is likely to shrink if the Covid-19 pandemic persists strongly across the globe for half a year in 2020. For the past two decades, the global economy has become very adaptable in responding to major world economic…

How the Gig Economy is Impacting American Workers

When you think of a gig economy worker, it wouldn’t be surprising if you envisioned a carefree individual working from their laptop on a luxury island. From a distance, freelance or contract work can seem like a dream come true…

African Leaders Attend More Summits in Europe than Among Themselves on the Continent

Every nation has friends and Africa’s dependency on foreign direct investment and aid depict the need to create more economic allies to sustain its democratic institutions and support for incumbency. Bilateral or multilateral agreements are of great importance to supporting…

Is Homeownership Out of Reach for Younger Americans?

For countless Americans, owning a house is part of the American dream, but many younger generations are taking a different path, sometimeseven avoiding homeownership altogether. As of the end of 2018, just one in three millennials ages 34 and under…

Thou Shalt Not Forbid Voluntary Exchange

This should be the first commandment of every regulator. Or at the very least, forbidding should not be their first step. All over the world, many governments which have imposed a ban on sharing economy do not respect this rule. They…