Tag: history

McDonald’s: flipping burgers or buildings?

In 2019 your favourite (or not) fast-food chain McDonald’s reported a whopping $ 21 billion revenue. The order of magnitude is definitely not surprising for a company that’s literally omnipresent, but a further breakdown of its reported revenue and income will make you see that McDonald's does more than just flipping burgers. McDonald’s might be … Continue reading McDonald’s: flipping burgers or buildings?

Book Review: The Third Pillar

The Third Pillar, written by Dr. Raghuram Rajan, was published in 2019. The book has received praise for highlighting the role of communities  from distinguished members of the economics community, such as Dr. Amartya Sen. About the author:  Dr. Raghuram Rajan is a renowned economist who has held numerous important positions in the past, including … Continue reading Book Review: The Third Pillar

COVID-19 Chronicles: How epidemics shape societies

There is too much noise surrounding how the COVID-19 crisis might impact the global economy. Let us take a cue from history to explore how this pandemic might shape our society.

Stock Jobbing in the 17th century

Advances in technology and subsequent emergence of complex derivative products are often blamed for instabilities in the financial markets. But is it the case? Could the 2008 crash and many others be avoided had there been no derivative products? had A dive into the late seventeenth century shows us how the creation of the stock … Continue reading Stock Jobbing in the 17th century