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Economics and Finance

On Banks, Occupation, and Building a Better Tomorrow…

Before the 1970s, banks were just that – banks. They did what banks were supposed to do in a capitalist state economy. What that is? They took unused funds from your bank account, and transferred them to some potentially useful purpose like helping someone to buy a home or send a kid to college, whatever the funds might be needed for. ... Read More »

Tackling Ignorance

Did you know that saving the lives of little children in regions of extreme poverty will decrease the overall growth of population in the long run? Or that the deaths caused by natural disasters decreased throughout the 20th century? Today, I want to present you a tool I spent too much time on in the last couple of hours. For me, ... Read More »

Escalation of Violence: ECB Opening in Frankfurt

More than 10.000 people filled the streets of Frankfurt for a peaceful protest on Wednesday, in regard to the event of the European Central Bank unveiling its new headquarters in the financial hub. As prior to the opening announced Blockupy, the organizer of the demonstration, an alliance of anti-capitalist social movement groups proclaimed mass actions to disturb the opening. Those ... Read More »

Into the Deep Web 102: Building on Bitcoin

A more in-depth article today. After looking at the surface of selling and buying on the Deep-Web, let us move away from the nefarious and dark place that it is and see the application of technology invented to enable anonymous transactions on the internet. Let’s look at the real-world applications of the crypto-currency that is Bitcoin. However, it may seem ... Read More »

Into the Deep Web: The Silk Road Marketplace

Hello again, Last week we took at look at the basics of the Deep Web, how it worked and how you can get access. But other than hiding your radical book club from the all-seeing eye of Google and Bing, what is the point of creating a Deep Web website, it won’t generate a lot of traffic since nobody can ... Read More »

Into the Deep Web: A History

If you have, like me, spent any of the past weeks binge-watching the second season of Netflix’s House of Cards, you’ll know that there’s a lot of talk about the “Deep Web.” Mentions of illegal drugs and arms trading, child pornography and ‘hitman’ services, might make you think you’re missing out. However the Deep Web is a much more intricate ... Read More »

The Greatest Trek in History

With China’s economy having experienced a rise that is second to none, the government often boasts about having lifted hundreds of millions out of poverty. What is often forgotten is that this has also led to one of the greatest migration movements in human history. China booms, but it does not do so everywhere. While the overwhelming majority of industrial ... Read More »

Taiwan: How Not to Communicate Negotiations

While the US and the EU continue their negotiations about the Transatlantic Trade and Investment Partnership (TTIP) under disputable circumstances, namely the lack of public oversight, negotiators should maybe take a look at Taiwan: The student-led mass protests give a striking example of what can happen if governments try to implement questionable trade agreements behind closed doors or even against ... Read More »

The postponed conflict – Bosnia’s challenges

When the Dayton Agreements that ended the war in Bosnia were signed on November 21st 1995, they were commonly seen as a major diplomatic achievement that brought peace back to the Balkans. In the protests that rocked Bosnia-Herzegovina in early and mid-February however, the dangerous legacy of these treaties became shockingly visible. On February 4, it was just too much ... Read More »

Simple Business Strategy Gone Wrong

Selling some low-priced t-shirts with seemingly patriotic slogans on them around the national holiday: If you are an international retail company, this sounds like a pretty safe bet on some revenue, especially when the country in question is a former part of the British Empire and still a proud member of the Commonwealth. Well, as managers of German-based discounter Aldi ... Read More »