By Lucy Wright
Category: Theory
Smashing Windows: The Economics of Disaster
By Cassi Ainsworth-Grace
Economics and the Environment: The Rise of Veganism
By Lucy Wright
Valentine’s Day Special: Evaluating the Global Chocolate Shortage
By Jurin Katayama ‘Twas the day of Valentines, when all through St Andrews Chocolates were given, to show that they were true. Articles were flooded in all social media accounts, With click-bait titles blaring “Chocolate shortage!” to get the view counts. The culture of buying chocolates to illustrate love on an annual basis has caused…
The Potential of Central Bank Digital Currencies
By Austin Jupe, Last year, China’s central bank announced that they were researching the implementation of their own digital currency. They are not alone in their pursuits. In 2018, Venezuela launched its cryptocurrency, the Petro, in an ultimately unsuccessful attempt to control the hyperinflation of its fiat currency, the Bolivar. Uruguay and Sweden have also…
Investing in a Sustainable Society
By Hugh Gammon First created by the UK to fund a rehabilitation program for convicts in 2010, Social Impact Bonds (SIB) provide a meeting place for charity and capital, promising a return on investment from funding social initiatives and charitable efforts. The concept is now gaining increasing traction and publicity in the financial sphere as…
The Implications of Loss Aversion in Education and Competitive Environments
Imagine you are given the following bet: you will earn $X if a coin turns up heads but would lose $100 if the coin turns up tails. What value of X would be required in order for you to accept the bet?
Climate Change: Could it just be natural? Part 4
By Beatrice Omotosho Human impacts – Anthropogenic Greenhouse gases Humans have had an indisputable impact on climate over the last 100 years and this fact has become very clear since 1960s. This is because of the vast increase over a short period of time of short and long lived greenhouse gases (LLGHGs) namely CO2, N2O,…
Climate Change: Could it just be natural? Part 3
By Beatrice Omotosho Volcanic eruptions Volcanic eruptions release small fine particles of SO₂ into the atmosphere. Large, explosive eruptions in particular such as the 1991 Pinatubo eruption, cause these particles to reach the stratosphere. These particles often linger for about 1-5 years and move around the globe as it reacts with the atmosphere forming sulphuric…
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…
Testing the Theory: New Research on Asymmetric Information
By Cassi Ainsworth-Grace
