During the early 1940s, a miracle happened in the United States of America. Coming from a pit of economic stagnation, still chewing on the Great Depression, the economy suddenly took off. Within months, unemployment was eradicated, and people who shortly before had to live off food stamps and thin air found themselves working in brand-new … Continue reading Is war good for the economy? The example of the United States of America
Tag: Economics of War
The need for regulation in drone strikes
In 2013, Zubair Rehman, a 13-year-old Pakistani boy whose grandmother was killed by a drone strike, said: “now I prefer cloudy days when the drones do not fly. When the sky brightens and becomes blue, the drones return and so does the fear”. With the United States' military programmes striking fear into the hearts of … Continue reading The need for regulation in drone strikes
Rivalry over data protection and threat of cyberattacks: the twin problems of the digital economy
The world economy has undergone profound transformations in shifting businesses from the traditional brick and mortar models to the Internet. As an increasing number of firms begin to join the digital reform wagon, lest they be left behind, this has led to the creation of vast reservoirs of information, or data. Digitisation has brought about … Continue reading Rivalry over data protection and threat of cyberattacks: the twin problems of the digital economy