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  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK

The Flawed Theory Behind Why Nations Prosper

Key Takeaway: Daron Acemoglu, Simon Johnson, and James Robinson were awarded the 2024 Nobel Memorial Prize in economics for their book Why Nations Fail, which argued that countries succeed when they adopt inclusive institutions like democracy, while extractive institutions stifle growth by concentrating power and wealth in elites. However, their theory has faced criticism for […]
  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK

Reviving State Power: The New Era of Industrial Policy

Key Takeaway: State intervention in global economics is gaining momentum, particularly since the 2010s, due to financial crises, geopolitical tensions, and the fragility of global supply chains. The relationship between exports and protectionism is complex, as successful industrial and trade policies often blend export promotion with elements of protectionism. South Korea and Taiwan have used […]

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Birkin Under Seige: Unlikely Challenge Of A Luxury Icon

Key Takeaway: The “Wirkin” bag, a $78 imitation of Hermès’ Birkin bag, has gained popularity on TikTok, attracting millions of users. The bag, a clever portmanteau of “Walmart” and “Birkin,” allows everyday consumers to partake in high-end fashion without the exorbitant cost. The trend reflects a broader shift in societal values, where symbols of wealth […]
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Fusion: The Move Towards Unlimited Clean Energy

Key Takeaway: In 2022, scientists achieved the “experiment of the century” at Lawrence Livermore National Laboratory, marking the first time a fusion reaction produced more energy than consumed. This achievement has attracted billions of dollars in private investment, particularly in the United States, to advance fusion technology. However, a myriad of engineering challenges remain before […]
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Top Picks

How A Japanese Show Revolutionised Global Startup Culture

Key Takeaway: The Japanese show “Money Tigers” revolutionized global startup culture by introducing a risk-averse economic culture to entrepreneurs pitching their ideas to wealthy angel investors. This format, inspired by “Dragons’ Den” and “Shark Tank,” has sparked 50 adaptations worldwide, with over $1 billion in investments reported by 2024. Before the global success of Dragons’ Den or Shark […]
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What We Can Expect From Science In 2025

Key Takeaway: 2025 is expected to be a groundbreaking year with technological innovation, space exploration, and scientific discovery. Artificial intelligence is leading the charge, tackling challenges like antibiotic resistance and material design. Space exploration is also on track, with missions like NASA’s Artemis II and India’s Gaganyaan launching. Brain-machine interfaces, quantum computing, and nuclear fusion […]
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The Device That Transformed Philosophy Forever

Key Takeaway: Friedrich Nietzsche’s creative process was a transformation driven by technology, transforming his writing style and offering profound insights into how tools of expression influence thought. By 1881, Nietzsche turned to the Malling-Hansen writing ball, an advanced mechanical typewriter, which increased his productivity and influenced his writing style. This shift reflected a broader evolution […]
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Is A.I. Redefining Business Success?

Key Takeaway: Generative AI is revolutionizing the business landscape by providing instant, high-quality results without high costs or delays. It allows small businesses to create professional menus, provide round-the-clock customer support, and analyze social media trends. AI also reduces infrastructure investments, making it more accessible and cost-effective. This shift has redefined the equation for success, […]
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Trending

How China Is Transforming Its Economy Through Learning

I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]
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