Global Minimum Tax Deal: The Flawed Notion of “Fair” Taxes

Global Minimum Tax Deal: The Flawed Notion of “Fair” Taxes

May 29, 2024 | No Comments

What do you call it when someone threatens you with dire consequences unless you pay them a part of your hard-earned money? Maybe mugging or theft? Taxes are not that different. You part with some of your money because you don’t want to face

US Sanctions: Who Suffers the Most?

US Sanctions: Who Suffers the Most?

May 15, 2024 | No Comments

In the first year of the Russian invasion, almost 35% of Ukraine’s GDP was wiped out. This marked the most terrifying recession in the country’s history. This is despite aid of over $230 billion received by Ukraine. While Ukraine has the war to blame for its economic woes,

What the US Fed Should Have Done Differently

What the US Fed Should Have Done Differently

Jun 8, 2023 | No Comments

The current state of the American economy is the consequence of a series of self-compounding errors. During the pandemic, the government announced lockdowns, stifling economic activity, and then needed to hand out trillions of dollars of stimulus to trigger economic activity.

The EU’s Carbon Tax May Hurt Everyone

The EU’s Carbon Tax May Hurt Everyone

May 25, 2023 | No Comments

 

On 25th April, the EU parliament voted in favour of a new law: the Carbon Border Adjustment Mechanism (CBAM). The first-ever carbon border tax aims at reducing greenhouse emissions by 55% by 2030. The legislation means taxes being levied on

Why US Casinos Shattered Records with $60 Billion in Revenues in 2022

Why US Casinos Shattered Records with $60 Billion in Revenues in 2022

May 15, 2023 | No Comments

The US commercial gaming market broke all records, generating revenues worth a whopping $60.4 billion in 2022, representing a rise of about 14% year-on-year and

Covid-19 Pandemic: A Matter of  Paradoxical Logic

Covid-19 Pandemic: A Matter of Paradoxical Logic

Jul 6, 2020 | No Comments

We have been in lockdown for 100 days. That’s a third of the total year already. Neither do I understand the logic of ordering the lockdown nor the decision to reopen. Yes, the situation is bad and the country faces an unprecedented challenge. On one hand, there are growing

What the Government Can Do to  Boost the Economy After the Lockdown

What the Government Can Do to Boost the Economy After the Lockdown

Jun 29, 2020 | No Comments

The lockdown has been devasting for the Indian economy. Read here to know about the economic impact of the lockdown

Covid-19 Pandemic: The Hidden Story

Covid-19 Pandemic: The Hidden Story

Jun 22, 2020 | No Comments

On March 24, the Government of India ordered a nationwide lockdown, restricting 1.3 billion people from traveling to their workplaces in the face of the coronavirus outbreak. The lockdown, which was initially planned for 21 ways was later extended till May 31. Before

Is it Time to Give Up Our Freedom?

Is it Time to Give Up Our Freedom?

Jun 15, 2020 | No Comments

When we see a majestic lion sitting idly inside a cage in the zoo, we can’t help but feel sorry. Afterall, every living creature deserves to be free. Yes, life will be harsh in the wild, with a myriad of threats to its very survival. But

The King of Casinos is No More. Long Live the King.

The King of Casinos is No More. Long Live the King.

Jun 6, 2020 | No Comments

The “King of Gambling” and the “Godfather of Macau,” Stanley Ho, passed away on May 26, 2020, at the age of 98. Ho is credited with transforming the sleepy town of Macau into the most popular gambling destination in the world, ahead of even