economics

Changes? What Changes? The ongoing worldwide economic crisis has created many obvious changes in behaviour, mostly focused on the effects of reduced funds. Whether it is the fear that makes a salaried person “tighten” his or her budget or someone who actually has less money coming in (for example, an entrepreneur struggling to make ends […]

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Macro and Micro Consequences of When A Recession Begins In a recession, timing plays an absolutely vital part at the macro level.  Much of the debate about when the current recession will end is related to when it actually began.  The “reality” of a recession — as defined by the numbers as opposed to perception […]

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Twitter, it seems, is making mainstream headlines daily these days. Yesterday, the IHT featured on page 2, an article “A truth renewed online: It still takes a village,” which begins: “Twitter and Facebook are, OMG, so last millennium”. The article, written by Anand Giridharadas, actually suggests that today’s social media are a modern representation of […]

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