Climate Change: Could it just be natural? Part 2

By Beatrice Omotosho Climate as a Phenomenon  Climate is characterized by mean air temperature, humidity, winds, precipitation, and frequency of extreme weather events over a lengthy period of time, at least thirty years scientists say. The climate forms and follows long term trends usually of periods of warming and cooling. Climate change is therefore a…

Climate Change: Could it just be natural?

By Beatrice Omotosho The science of climate change is a field in which most laypersons are not knowledgeable in nor familiar with. Now this means if you: like I, are a fellow believer, you may find yourself faced with a situation where a climate change sceptic is disputing the facts you believe to know, and…

Onions in India: A Political Economy of Layers

By Lawrence Ho Not one onion is leaving India. This is the policy implemented by the Bharatiya Janata Party (BJP)-led government. You may think that this is a trivial issue, but is arguably a very scary prospect for the onion markets, as a country that exports 2.2 billion kilograms, worth around $514.3 million of fresh…

Testing the Theory: New Research on Asymmetric Information

By Cassi Ainsworth-Grace Proposed by George A. Akerlof in his influential paper, The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism, the concept of asymmetric information has been a staple in the education of Economics students since 1970. Yet, a new study conducted in September by Richard Blundell, alongside four other co-authors, has challenged…

Booze, Drugs, and Death

By Ryan Morrice Scotland is known for many things: its beautiful Highlands and lochs; its world-renowned whisky; its inventors who gave the world a multitude of innovations such as the telephone and penicillin; and lesser known is the great number of preventable deaths that happen every year: in 2018 there were 1,187 drug-related deaths. Per…

Breaking down China and India’s Economic Rise

China and India are two economic behemoths who regularly make headlines around the world for their impressive development. However, flashback to thirty-nine years ago in 1980, they were among the poorest countries in the world in terms of per capita GDP1. In the span of an average adult’s working life, China and India have developed…